Hello, dear subscribers!
In the previous survey, we considered a uptrend of 11,300 - 11,500 as a priority movement of bitcoin prices.
As you can see, the prices touched the 11,500 price level and then entered the correction of 11,200 - 11,500 in order to reset the overbought in the market and gain strength for further movement. The 10,900 level from below is a local support for an uptrend, and it's too early to speak of a trend reversal before the price holds on to it. The next uptrend targets are 11,700 - 12,000.
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In the previous survey, we considered a uptrend of 11,300 - 11,500 as a priority movement of bitcoin prices.
As you can see, the prices touched the 11,500 price level and then entered the correction of 11,200 - 11,500 in order to reset the overbought in the market and gain strength for further movement. The 10,900 level from below is a local support for an uptrend, and it's too early to speak of a trend reversal before the price holds on to it. The next uptrend targets are 11,700 - 12,000.
Subscribe to the channel and stay with us!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.