After the price broke the previous support line on the last market dump it managed to create a good support between 0.3165-0.3330 and began to accumulate.
In the short/mid term, it broke the resistance line in an upward direction and if BTC manage to break $16,650 and $16,950 resistance range we should expect it to hit the previous resistance, something around 0.44-0.45.
*It can also retest the previous resistance line before go up.
*Candle color indicates volume.
*Remember, market is having mixed sentiment running at the moment.
*Not financial advice, always do your own research.
In the short/mid term, it broke the resistance line in an upward direction and if BTC manage to break $16,650 and $16,950 resistance range we should expect it to hit the previous resistance, something around 0.44-0.45.
*It can also retest the previous resistance line before go up.
*Candle color indicates volume.
*Remember, market is having mixed sentiment running at the moment.
*Not financial advice, always do your own research.
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.
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.