Bitcoin Support & Resistance Analysis
Updated
Prices move because of supply and demand . When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium.
When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the stop-loss area when trading on margin
đź”´Resistance Line 30191$
đź”´Resistance Line 29346$
đź”´Resistance Line 29148$
đź”´Resistance Line 27837$
🟢Support Line 27201$
The above price level represents an important tipping point, not an absolute analysis for buying and selling. You must be careful about your investment decisions.
Thank you for reading my poor analysi
When support and resistance lines are broken, there is a high possibility of a significant uptrend in that direction. Be aware of the stop-loss area when trading on margin
đź”´Resistance Line 30191$
đź”´Resistance Line 29346$
đź”´Resistance Line 29148$
đź”´Resistance Line 27837$
🟢Support Line 27201$
The above price level represents an important tipping point, not an absolute analysis for buying and selling. You must be careful about your investment decisions.
Thank you for reading my poor analysi
Trade active
Trade active
Trade active
Trade active
Trade active
📢Discord : discord.gg/kR3wazqKC3
đź’¸Bitget(50%) : partner.bitget.com/bg/ZJ8QGR
đź’¸Bitget(50%) : partner.bitget.com/bg/ZJ8QGR
Related publications
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.