BTC seemed to have surpassed $ 16,000 vigorously, but today it has fallen back and is below the same price range.
The $16,000 is widely known in the news, and it is not that market traders are aware of this price range.
no doubt. However, this price range is a point where not only the horizon but also the 20ma and the uptrend line overlap.
Therefore, while it is easy to be supported, it has a great impact when interrupted.
Whether or not it is supported here is very important, and if it is supported, it is likely to rise to $17,200 next time.
However, if it breaks down, it may drop to $15,400 or $14,600, so we should withdraw here.
Keep an eye on the movement within the last 24 hours.
The $16,000 is widely known in the news, and it is not that market traders are aware of this price range.
no doubt. However, this price range is a point where not only the horizon but also the 20ma and the uptrend line overlap.
Therefore, while it is easy to be supported, it has a great impact when interrupted.
Whether or not it is supported here is very important, and if it is supported, it is likely to rise to $17,200 next time.
However, if it breaks down, it may drop to $15,400 or $14,600, so we should withdraw here.
Keep an eye on the movement within the last 24 hours.
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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.