$ 28,000: the most vital support of Bitcoin

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

MJShahsavar

From December 2020, we can see the formation of two patterns of head and shoulders and a double top .
The important point is that the neckline of all these patterns will be around $ 28,000. Bitcoin has repeatedly been supported by this line since December 2020. I think it will touch this support line again. But in the event of a breakdown of this support line, Bitcoin may experience a much sharper decline

You might be interested in …

Trading View March 18, 2022

EGLD

EGLD ELROND / TETHER COINEX:EGLDUSDT hasanmastan EGLD currency can start good growth after pullback to broken dynamic resistance. Keep this currency under control. Do not forget the loss limit in this market.

Trading View March 8, 2022

Auditchain, changing the world of finance

Auditchain, changing the world of finance Auditchain / Tether BITTREX:AUDTUSDT AveRex Auditchain is a decentralized accounting, reporting, audit and analysis metaverse that automates and provides proof of assurance on the world’s financial and business information. […]

Trading View March 28, 2022

BTC – Retracements

BTC – Retracements Bitcoin all time history index INDEX:BTCUSD DHLawrence Hello, With each move, we expect a retracement… seems like 0.618 is a likely level. Most recent complete move only retraced to .382 Same as […]