Powerful breaking of the price bearish channel floor!
Hello to all members of TradingView and my followers.
Well, Bitcoin went exactly as I expected in these few hours. Now we see that the channel floor has been broken and dropped sharply. It had strong support in the $ 19,800 area, but the strength of this support area did not control the price of bitcoin. The next support is at the point of $ 18,800. If Bitcoin surpasses this support, its next destination will undoubtedly be $ 18,000. Bollinger Band is in such a position that it cannot support Bitcoin even at its lowest point. Given the Bollinger Bands and the RSI, I find the downtrend more likely.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Well, Bitcoin went exactly as I expected in these few hours. Now we see that the channel floor has been broken and dropped sharply. It had strong support in the $ 19,800 area, but the strength of this support area did not control the price of bitcoin. The next support is at the point of $ 18,800. If Bitcoin surpasses this support, its next destination will undoubtedly be $ 18,000. Bollinger Band is in such a position that it cannot support Bitcoin even at its lowest point. Given the Bollinger Bands and the RSI, I find the downtrend more likely.
If it is helpful to you, please like it. If you have a comment, I'll be happy to know. Respectfully.
Comment:
Volatility may hit the market on the weekend.
Comment:
Comment:
🥇Join our free Telegram channel and claim your trial ➜ t.me/monocoin_public
🥇Enjoy a 7-day free trial of our services with Cornix
👤Admin ➜ t.me/monocoin_admin
🥇Enjoy a 7-day free trial of our services with Cornix
👤Admin ➜ t.me/monocoin_admin
