BTC update for June 27,.2022 - Potential for the drop due to broken rising wedge

Technical analysis:

BTC has been trading upside in the background but I see potential for the downside rotation.

Trading recommendation:

Due to the broken rising wedge pattern in the background and overbought condition, I see potential for the further drop.

Watch for potential selling opportunities with the downside objectives at $20.900 and $20.000.

Stochastic oscillator is showing fresh bear cross and overbought condition, which is sign for the downside rotation.

Key resistance is set at the price of $21.850