Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Bitcoin / TetherUS
Education
Jun 22, 2021
WHAT ARE SUPPORT AND RESISTANCE?
2
6
Grab this chart
Grab this chart
BITCOIN IS IN DOWNTREND WE ARE SEEING A GREAT SUPPORT AT 30K TO 33K LEVELS. THAT MEANS INVESTORS/TRADERS ARE HEAVILY BUYING AT THIS ZONE.
THIS DOWNTREND STARTED WHEN INVESTORS STARTED TO BOOK PROFITS ON 65K FOLLOWED BY SOME NEGATIVE NEWS.
THIS RESULTED IN RESISTANCE ZONE AT 65K LEVELS.
LIKE IF YOU GET TO LEARN SOMETHING NEW.
PLEASE COMMENT IF YOU ANY DOUBTS ABOUT THIS CONCEPT.
FOLLOW US FOR MORE EDUCATIONAL IDEAS.
Coinlog
Follow
Also on:
BTCUSDT
Demand Zone
resistances
Supply and Demand
Supply Zone
Support and Resistance
Coinlog
Follow
Also on:
Related publications
What is a Price Channel?
by Coinlog
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
.