Support for 4H candle, delayed the BTC price, but on the 1H, we have already dropped under it. On the one hand, it may be a small corrective movement, but on the other, the formation of a falling channel. As before, it is better to refrain from buying or selling, the situation is not very clear. Two event options:
- we go to the price of 18 800 and fix above, and then a continuation of a more global growing trend is possible;
- we go even below the current support zone of 18,000 - 18,200 USD and we get a formed falling channel.
Below the price of 18,000 short positions will prevail, so you need to be careful and watch the market.
If you want to know more about cryptocurrencies or keep abreast of news, use our platform Binaryx.com, here you can not only exchange cryptocurrency, but also trade in our terminal.
- we go to the price of 18 800 and fix above, and then a continuation of a more global growing trend is possible;
- we go even below the current support zone of 18,000 - 18,200 USD and we get a formed falling channel.
Below the price of 18,000 short positions will prevail, so you need to be careful and watch the market.
If you want to know more about cryptocurrencies or keep abreast of news, use our platform Binaryx.com, here you can not only exchange cryptocurrency, but also trade in our terminal.