- We see here in the daily time frame, and with the beginning of 20 February 2018, that the price continues so far in the bearish channel where the price began to drop from $ 17130 to $ 6,000, bringing the price to the strong support area between $ 6,600 and $ 8,000, Rebound The price continued to rise until 9 February 2018, and the downward trend line was hit on 10 February 2018, trying to break through the bearish channel to bounce back down and touch the strong support area of $ 8000, and as of 12 February 2018, Prices started to rise and the price reached 11,700 dollars on 19 February 2018.
Prices have faced a strong resistance area that has been tested several times and prices have rebounded, and on February 18, 2018, the price has started to fall, and the pair is likely to continue falling to the support area between $ 6,600 and $ 8,000, Here the support area has been confirmed more than once, and this is good to begin the last climb. Prices are likely to reach $ 19700 again, and if prices break through the support area, we will wait for the price at $ 5500.
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