BTCPERP| The market froze before the storm...
Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
I want to update the idea a bit on two graphs:
As expected all weekend, the price is just an asset just standing in one place, as you have already noticed, there is no volatility at all.
The range compresses like a spring with every hour, and as often happens, this leads to a strong momentum.
From the technical side:
While the $16,550-$16,800 zone is a temporary support for the asset, there are no changes so far.
The local resistance of $16,800-17,200 may already be tested next week, I think that Bitcoin may have enough strength to go for liquidity above $17,000 and then go to break through the support of $16,550-16,300-16,150-15,800-$15,450
I want to update the idea a bit on two graphs:
As expected all weekend, the price is just an asset just standing in one place, as you have already noticed, there is no volatility at all.
The range compresses like a spring with every hour, and as often happens, this leads to a strong momentum.
From the technical side:
While the $16,550-$16,800 zone is a temporary support for the asset, there are no changes so far.
The local resistance of $16,800-17,200 may already be tested next week, I think that Bitcoin may have enough strength to go for liquidity above $17,000 and then go to break through the support of $16,550-16,300-16,150-15,800-$15,450
