Price broke major support and then re-tested from underneath and looks like it's being rejected, this is support becoming resistance as you can see here on the H4 chart:
This was on the 16th, price was at a key level and could have bounced at 11k or broken under, the market has decided to go down.
The next major support area is the bottom of a trend-channel between 7-8k. Price has been respecting this channel and traded in it for almost all of 2017:
This was on the 16th, price was at a key level and could have bounced at 11k or broken under, the market has decided to go down.
The next major support area is the bottom of a trend-channel between 7-8k. Price has been respecting this channel and traded in it for almost all of 2017:
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.