support limit of 22670 is good?
#Bitcoin_Analysis
In my opinion, if the initial support limit of 22670 is maintained, it will be very good.
Otherwise, the next good support would be at $20,517.
#Personally, I still believe that we have seen the price floor at 17577 and the price is not going to go lower. (Completely personal opinion).
Because from that price floor of 17570 dollars, the price has grown with a slope of 17 degrees more than 31% to the current price and this can confirm my hypothesis (separation from the price floor).
As you can see in the chart:
In the daily time frame, in addition to the above, if the price range of 23,177 to 22,570 is maintained, the price will not face any heavy resistance to grow up to the specified goals of 23% and 37% in the future.
like always :
Capital management and compliance with risk should not be taught to reward.
There is always an opportunity in the market.
Greed is the number one enemy of traders.
Good luck and profitable.
In my opinion, if the initial support limit of 22670 is maintained, it will be very good.
Otherwise, the next good support would be at $20,517.
#Personally, I still believe that we have seen the price floor at 17577 and the price is not going to go lower. (Completely personal opinion).
Because from that price floor of 17570 dollars, the price has grown with a slope of 17 degrees more than 31% to the current price and this can confirm my hypothesis (separation from the price floor).
As you can see in the chart:
In the daily time frame, in addition to the above, if the price range of 23,177 to 22,570 is maintained, the price will not face any heavy resistance to grow up to the specified goals of 23% and 37% in the future.
like always :
Capital management and compliance with risk should not be taught to reward.
There is always an opportunity in the market.
Greed is the number one enemy of traders.
Good luck and profitable.
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