BTCUSD has increased from 18500 to 22500 on a 4-hour chart without facing any corrections. According to the RSI indicator, a correction to the support region between USD 21000 and 21600 is expected. Stochastic indicator is signaling a short position. in addition, the price is getting closer to the dynamic resistance which shows the general trend of the market.

• There is resistance 22828 followed by resistance at 23936 and 26577
• There is support at 21806, Below, there is 20358 and 19080.

Note: We do not suggest any investment advice, and these analyses are just to increase the traders’ awareness but not a certain instruction for trading.