BTC still fluctuates within the box in the downward channel.
The box: $22633.33~$18655.29
$18267.5 is the key support of the month.
The consolidation range is formed:
$24206.44~$18032.06, centering $21229.45
The range will narrow down until a breakout. It’ll battle around the center in the initial stage.
If the price stays above the center, it’s turning upwards and vice versa. (Reference at 8:00 UTC+8)
The box: $22633.33~$18655.29
$18267.5 is the key support of the month.
The consolidation range is formed:
$24206.44~$18032.06, centering $21229.45
The range will narrow down until a breakout. It’ll battle around the center in the initial stage.
If the price stays above the center, it’s turning upwards and vice versa. (Reference at 8:00 UTC+8)
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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.