BTC still runs within the box and forms a consolidation triangle in the downward channel. It’s drawing close to the upper line of the box and trying to break up.
The box: $22712.49~$18813.62;
The key support of the month has moved up to $18403.16;
The consolidation range has not been broken. Today it’s between $21986.05~$19069, centering $20397.21, which now serves as support.
If the price stays above the center, it’s turning upwards and vice versa. (Reference at 8:00 UTC+8)
The box: $22712.49~$18813.62;
The key support of the month has moved up to $18403.16;
The consolidation range has not been broken. Today it’s between $21986.05~$19069, centering $20397.21, which now serves as support.
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.