BTC support and resistance
After BTC broke through the ascending triangle, the price tested the resistance price of 17308.12 twice.
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Upper resistance: around 17308.12.
Lower support: around 16785.00.
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At present, BTC is showing a short-term downward trend. If it comes to the lower support zone (yellow rectangle) again and falls below the low point of 16705.09, pay attention to the lower support:
16500.00
16286.44
15992.64
15970.84
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If BTC is effectively supported in the lower support range (yellow rectangle), the price has the opportunity to challenge the upper resistance 17161.02~17308.12 and 17580.00 again.
-
-
Upper resistance: around 17308.12.
Lower support: around 16785.00.
-
At present, BTC is showing a short-term downward trend. If it comes to the lower support zone (yellow rectangle) again and falls below the low point of 16705.09, pay attention to the lower support:
16500.00
16286.44
15992.64
15970.84
-
If BTC is effectively supported in the lower support range (yellow rectangle), the price has the opportunity to challenge the upper resistance 17161.02~17308.12 and 17580.00 again.
-
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