The situation after experiencing extreme fluctuations
Updated
Hello to all members of TradingView and my followers.
Bitcoin has registered a range trend in the last 24 hours after experiencing extreme fluctuations. These fluctuations, between $19,000 to $19,800, are being compressed between static support and dynamic resistance. The failure of each of these levels can determine the continuation of the trend in the short term. Another point is that when one of these ranges is broken, we can expect an accelerated movement in the market. The most important support of Bitcoin for the short term is the range of $ 17,265, as well as the support of $ 17,000, which, if it hits the mentioned range, there is a possibility of immediate collision and reaction to this price.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Bitcoin has registered a range trend in the last 24 hours after experiencing extreme fluctuations. These fluctuations, between $19,000 to $19,800, are being compressed between static support and dynamic resistance. The failure of each of these levels can determine the continuation of the trend in the short term. Another point is that when one of these ranges is broken, we can expect an accelerated movement in the market. The most important support of Bitcoin for the short term is the range of $ 17,265, as well as the support of $ 17,000, which, if it hits the mentioned range, there is a possibility of immediate collision and reaction to this price.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
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