Hello to all members of TradingView and my followers.
Bitcoin has continued the upward trend in the past day. The buyers' support has caused the price to hit the resistance that has been considered for Bitcoin in the past. This resistance is in the range of $22,300 to $23,190 and has been highly reactive. Due to the upward spike movement (demand increases faster than supply) to this resistance and the negative reaction, Bitcoin price is expected to enter a bearish trend.
The price is now trading above the $21,800 level and testing the 100 hourly simple moving average.
This range trend can be between the mentioned resistance and the support drawn in the $20,600. The price is still inside its short-term ascending channel, and until the bottom of the channel breaks down at the powerful $21,000, Bitcoin could move towards its resistance.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Bitcoin has continued the upward trend in the past day. The buyers' support has caused the price to hit the resistance that has been considered for Bitcoin in the past. This resistance is in the range of $22,300 to $23,190 and has been highly reactive. Due to the upward spike movement (demand increases faster than supply) to this resistance and the negative reaction, Bitcoin price is expected to enter a bearish trend.
The price is now trading above the $21,800 level and testing the 100 hourly simple moving average.
This range trend can be between the mentioned resistance and the support drawn in the $20,600. The price is still inside its short-term ascending channel, and until the bottom of the channel breaks down at the powerful $21,000, Bitcoin could move towards its resistance.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Ghi chú
Ghi chú
We did not see price consolidation above the resistance line
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Join the free Telegram channel
💎 Telegram Channel: t.me/MonoCoin_Public
🔔 Bot: t.me/MonoCoinSignal_Bot?start=starter_tv
🌐 Website: MonoCoin.net
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💎 Telegram Channel: t.me/MonoCoin_Public
🔔 Bot: t.me/MonoCoinSignal_Bot?start=starter_tv
🌐 Website: MonoCoin.net
⭐️ 5-Star TrustPilot: trustpilot.com/review/monocoin.net
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.