$11,500, the next key level for $BTC
Bitcoin broke $10,000 and it did it more heavily than anyone expected, reaching levels above $11,000. Being precise, it reached $11,280, a price unseen since March 2018.
And now? The BTC price is performing a symmetrical triangle. A pattern that normally, once it almost finished the triangle, the price makes a very sharp movement upwards or downwards.
What is the most likely direction? It is difficult to determine, however, there is a very important resistance at $11,500 and important levels like this one usually act as magnets for the price. It means that very possibly, the price will move upwards and then make a retracement.
--CRYPTOHOPPER--
And now? The BTC price is performing a symmetrical triangle. A pattern that normally, once it almost finished the triangle, the price makes a very sharp movement upwards or downwards.
What is the most likely direction? It is difficult to determine, however, there is a very important resistance at $11,500 and important levels like this one usually act as magnets for the price. It means that very possibly, the price will move upwards and then make a retracement.
--CRYPTOHOPPER--
The best cryptocurrency automated trading platform.
-Cryptohopper-
cryptohopper.com/
-Cryptohopper-
cryptohopper.com/
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
The best cryptocurrency automated trading platform.
-Cryptohopper-
cryptohopper.com/
-Cryptohopper-
cryptohopper.com/
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.