Increase or Decline?!

2023년 1월 2일

Bitcoin buyers were trying to break the minor resistance in the $16,650-$16,680 range, and they have succeeded.
Currently, the $16,680 resistance has been broken. Now, there is another major resistance in the upward path of Bitcoin, which is at the point of $16,800. If this resistance is broken and the price stabilizes above it, the next target is $17,000. A clear move above the $17,000 resistance might start a fresh increase soon.
On the opposite side, if BTC fails to stabilize above the $16,680 resistance (and this is a fake breakout), the first support after $16,650 is in the $16,350 range. The next support is $16,000. Any more losses might send the price towards $15,500.
You can act to open long or short positions by breaking the resistances and supports. Be sure to use tight stop-loss in your transactions.

2023년 1월 2일

액티브 트레이드

We'll keep this post updated in case a major change happens!

2023년 1월 2일

액티브 트레이드

Sellers are trying to push the price below the $16,680 range. We can see this in the previous candle.

2023년 1월 3일

액티브 트레이드

Negative RSI divergences indicate a price correction

2023년 1월 3일

액티브 트레이드

In the four-hour time frame, the trend is still under selling pressure after each rise.
A corrective pattern is forming below the important 16,936-17,020 area, which shows the strength of this range.

2023년 1월 3일

액티브 트레이드

The general sentiment among Bitcoin traders is bearish, and it is recommended to wait for confirmation before buying.