Updated
BTCCNY continues going up, looking for resistance
Sideways occurs between
the vertical black lines;
and the curve is turning
downwards when price moves
out of the right black line.
if price keeps go up,
uptrend will be formed.
the vertical black lines;
and the curve is turning
downwards when price moves
out of the right black line.
if price keeps go up,
uptrend will be formed.
Note
Retracing a little, look at 22025-22300CNY as support. If price go down to 21035-21300CNY and forming downtrend on Choppiness Index, that is the sell point.Note
If 22025CNY holds, go up to 24500CNY
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.