Greetings! Let's consider the situation. If Bitcoin pushes up to the support level of $17,300, then it will break through it and then there is every chance of going to the $16,000 area. What is possible and will be a local correction. The second option is that it is in a sideways direction and will tighten to the resistance level of $18200-18300. Then we will return to our values around $19,000. Therefore, look in which direction the compression will be.


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Comments

Nice technical analysis...It is respecting your levels @CryptoJournalPro
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Impressive...thanks for sharing @CryptoJournalPro
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Good analysis... there's only one trader I know that posted the actual trade setup with a $50 stop loss BEFORE it happened though... :D
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Brilliant! 👍🏻🦐💎
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market is bearish and it seems that whales have left market. Be realistic
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