BTCUSDT|Overview| Important support and resistance levels.
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Friends, I want to update the chart a little, talk today about important support and resistance levels.
As I wrote earlier that the support level of $20.800 is unsurmountable for the bears for some time, several times we see a rebound towards $21.500
Also, the resistance level of $21.500-22.500 can be locally considered a strong level, at the moment the bulls
again make a trip to this level
I'll give a short summary:
Support: If $20.800 support is broken, then we are going to retest the $19.500 level and from there I would consider a margin long position.
Resistance: upon reaching the level of $21.800-22.500, you can consider a short trade from these values, followed by a reversal into long from the values indicated above.
Happy trading and have a great day!
Friends, I want to update the chart a little, talk today about important support and resistance levels.
As I wrote earlier that the support level of $20.800 is unsurmountable for the bears for some time, several times we see a rebound towards $21.500
Also, the resistance level of $21.500-22.500 can be locally considered a strong level, at the moment the bulls
again make a trip to this level
I'll give a short summary:
Support: If $20.800 support is broken, then we are going to retest the $19.500 level and from there I would consider a margin long position.
Resistance: upon reaching the level of $21.800-22.500, you can consider a short trade from these values, followed by a reversal into long from the values indicated above.
Happy trading and have a great day!
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