The end of the upward trend?

23 ก.ค. 2022

Hello to all members of TradingView and my followers.

The Bitcoin chart in the last 24 hours has witnessed the registration of a daily range candle within the range of its previous candles. The previous day's upward movement was made up to the resistance of $23,800, and in this area, due to the negative reaction and selling pressure, the price returned to the support of $22,600. This reversal was accompanied by a steep downward slope and occurred in less than 5 hours. A large bullish channel is considered for Bitcoin in the 4-hour time frame. If the specified support is broken to the downside, this decline can continue to the $21,000 and $20,000 range.

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