1. BTC will further consolidate in the triangle within the downward channel
2. The consolidation range keeps contracting now to
Upper at $31086.55
Center at $29660.15
Lower at $28138.54
3. Rules of consolidation
If the price holds the center, BTC will surge when it comes to a breakout; and vice versa. (The market force changes dynamically, calculated every 8:00 (UTC+8).
4. Multiple price points formed with a spread of less than $1000. Longs and shorts will flip more often at the center.
2. The consolidation range keeps contracting now to
Upper at $31086.55
Center at $29660.15
Lower at $28138.54
3. Rules of consolidation
If the price holds the center, BTC will surge when it comes to a breakout; and vice versa. (The market force changes dynamically, calculated every 8:00 (UTC+8).
4. Multiple price points formed with a spread of less than $1000. Longs and shorts will flip more often at the center.
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.
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.