BTC double top
BTC is forming a double top near the resistance trend line.
Support price:
19629.70
19104.73
trend line support
18255.00
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The yellow rectangle is the range in which BTC may rebound after breaking below the support trend line.
The main support area is around 17580.00.
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If BTC forms effective support at the yellow rectangle or 17580.00, there will be a chance of a large bottom pattern. On the contrary, the price has the opportunity to come to 16800.30 and 16030.57.
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Support price:
19629.70
19104.73
trend line support
18255.00
-
The yellow rectangle is the range in which BTC may rebound after breaking below the support trend line.
The main support area is around 17580.00.
-
If BTC forms effective support at the yellow rectangle or 17580.00, there will be a chance of a large bottom pattern. On the contrary, the price has the opportunity to come to 16800.30 and 16030.57.
-
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