Bulls met strong resistance at $19568.12 at the weekend. Data shows weakness, with shorts taking control.
BTC runs along the center of a short-term downward channel, which forms a triangle with the current key support. In this triangle will it cultivate a breakout. The longer it stays within this area, the stronger a breakout will occur.
Only by breaking up and holding $20083.65 will BTC reach a balance between bulls and bears. Taking hold of $21307.62 could bulls reclaim their dominance.
The support before a second slide now diverts to $18138.17, which is keeping the price up and shielding the key support. If this target point is broken down, the price would slide to a certain extent.
BTC runs along the center of a short-term downward channel, which forms a triangle with the current key support. In this triangle will it cultivate a breakout. The longer it stays within this area, the stronger a breakout will occur.
Only by breaking up and holding $20083.65 will BTC reach a balance between bulls and bears. Taking hold of $21307.62 could bulls reclaim their dominance.
The support before a second slide now diverts to $18138.17, which is keeping the price up and shielding the key support. If this target point is broken down, the price would slide to a certain extent.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.