BITCOIN - Price can fall almost to support level and bounce up
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price started to trades in wedge, where it at once made downward impulse from resistance line to $67100 level.
Soon, BTC broke this level, which coincided with resistance area, and fell to support area, after which bounced up.
Price almost rose to $67100 level, after which turned around and in a short time declined to support line of wedge.
But soon it bounced up and rose higher $61700 level, making fake breakout and continuing to grow to resistance line.
When BTC reached this line it bounced and declined to support line and even a not long time ago exited from wedge.
Now, I think Bitcoin can decline almost to support level and then bounce up to $66100
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price started to trades in wedge, where it at once made downward impulse from resistance line to $67100 level.
Soon, BTC broke this level, which coincided with resistance area, and fell to support area, after which bounced up.
Price almost rose to $67100 level, after which turned around and in a short time declined to support line of wedge.
But soon it bounced up and rose higher $61700 level, making fake breakout and continuing to grow to resistance line.
When BTC reached this line it bounced and declined to support line and even a not long time ago exited from wedge.
Now, I think Bitcoin can decline almost to support level and then bounce up to $66100
If this post is useful to you, you can support me with like/boost and advice in comments❤️