The box and consolidation triangle in the downward channel are compressed, cultivating a large breakout.
The triangle nearly overlaps with the box , together forming the range: $22733.13-$18813.62; center: $20523.41.
Today the opening price holds the center but is not stable. It’ll come up and down around the center to test if the center could be a solid support.
If the price stays above the center, it’s turning upwards and vice versa. (Reference at 8:00 UTC+8)
The key support of the month is diverted to $18155.56.
The triangle nearly overlaps with the box , together forming the range: $22733.13-$18813.62; center: $20523.41.
Today the opening price holds the center but is not stable. It’ll come up and down around the center to test if the center could be a solid support.
If the price stays above the center, it’s turning upwards and vice versa. (Reference at 8:00 UTC+8)
The key support of the month is diverted to $18155.56.