BTCUSDT|Manipulation zone, the rocket will fly soon!
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Bitcoin standing in the range of $16,000-17,000 continues (manipulation zone)
Let's look at the chart from the technical side:
We can say that now the asset is in the accumulation zone between the support of 16.000 and the local resistance of $17.150 (attention to the trend line)
On the chart, 3H showed a local countertrend line, there is a possibility that we will again be able to see a rebound to the $16,000-15,800 zone. In case of a true breakdown of the trend line and a fix above $17.600, I expect a trip to the $18.500-19.200 zone.
Today's rebound from $17,150 let us know that the pressure continues, be careful and work with risk management!
Bitcoin standing in the range of $16,000-17,000 continues (manipulation zone)
Let's look at the chart from the technical side:
We can say that now the asset is in the accumulation zone between the support of 16.000 and the local resistance of $17.150 (attention to the trend line)
On the chart, 3H showed a local countertrend line, there is a possibility that we will again be able to see a rebound to the $16,000-15,800 zone. In case of a true breakdown of the trend line and a fix above $17.600, I expect a trip to the $18.500-19.200 zone.
Today's rebound from $17,150 let us know that the pressure continues, be careful and work with risk management!
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