BTC currently runs in the blue range of the short-term downward channel, oscillating the middle line while trying to break up on the key target point.
Breaking up $19633.77-$19819.68 and holding above it for 24 hours is crucial to stabilize the movement.
Now the price is above the middle line, with some room for a rebound. But data changes quickly these days, and breaking down the intraday support will reverse the movement once again. Keeping risks under control.
The key support at $17532.64 is the support preventing a second slide. Much fund inflow buys at around $18000.
Breaking up $19633.77-$19819.68 and holding above it for 24 hours is crucial to stabilize the movement.
Now the price is above the middle line, with some room for a rebound. But data changes quickly these days, and breaking down the intraday support will reverse the movement once again. Keeping risks under control.
The key support at $17532.64 is the support preventing a second slide. Much fund inflow buys at around $18000.
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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.
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.