Bitcoin Trend Analytics July 18th - monitor tp
BTC is still in the downward channel. Heavy capital is tied up at $21693, which then develops into the center of the downward channel.
The box range: $22733.13-$18789.23, centering $20401.13
$22733.1 is the higher edge of the box and a small turning point of the movement. Before that, $21693.68 is the short-term key resistance, which acted precisely as a resistance yesterday. Flipping of the $21693.68 into support will encourage bulls.
The key support of the month diverts to $18196.56.
The box range: $22733.13-$18789.23, centering $20401.13
$22733.1 is the higher edge of the box and a small turning point of the movement. Before that, $21693.68 is the short-term key resistance, which acted precisely as a resistance yesterday. Flipping of the $21693.68 into support will encourage bulls.
The key support of the month diverts to $18196.56.
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