I invite you to the BTC review, on a one day interval. As we can see, the price has moved above the downtrend line.
We continue to see that BTC struggled to break through the $18,372 level where it ran out of energy last time, however, it has now managed to break out of that level and the price is heading towards the resistance at $19,199, which is located at the so-called golden Fib point. The next resistance is around $20,194 and then $21,499.
This is what the current movement may look like before further growth.
Now it is necessary to check to what level the price can drop if the level of $18372 does not hold the price. And here it is worth marking the support zone from $ 17,222 to $ 16,796.
The CHOP index indicates that the energy is depleted in the four-hour interval, while the RSI index has crossed the upper range, which may also indicate a small rebound.
We continue to see that BTC struggled to break through the $18,372 level where it ran out of energy last time, however, it has now managed to break out of that level and the price is heading towards the resistance at $19,199, which is located at the so-called golden Fib point. The next resistance is around $20,194 and then $21,499.
This is what the current movement may look like before further growth.
Now it is necessary to check to what level the price can drop if the level of $18372 does not hold the price. And here it is worth marking the support zone from $ 17,222 to $ 16,796.
The CHOP index indicates that the energy is depleted in the four-hour interval, while the RSI index has crossed the upper range, which may also indicate a small rebound.
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.