Hi all!
📉Analytics for the main asset BTC.
Last week, the price updated the low of the week of December 12 and tested
monthly support zone ($16,320), leaving also $16,500 and $16,740 interest zone.
On timeframes below the daily, a triangle has formed with liquidity on both sides.
Ideally, the price could fall to $16,780-$16,740 and continue its upward movement.
I will consider other options when the price comes out of the apartment.
Since exchanges are closed on holidays, I expect the triangle formation to continue until the CME futures open.
🌎USA, UK, Hong Kong, Canada, Switzerland, Australia - no auction
❗️ Not a recommendation, my subjective opinion
📉Analytics for the main asset BTC.
Last week, the price updated the low of the week of December 12 and tested
monthly support zone ($16,320), leaving also $16,500 and $16,740 interest zone.
On timeframes below the daily, a triangle has formed with liquidity on both sides.
Ideally, the price could fall to $16,780-$16,740 and continue its upward movement.
I will consider other options when the price comes out of the apartment.
Since exchanges are closed on holidays, I expect the triangle formation to continue until the CME futures open.
🌎USA, UK, Hong Kong, Canada, Switzerland, Australia - no auction
❗️ Not a recommendation, my subjective opinion
Comment:
The price has entered the zone of interest!