BITCOIN - Price can start to grow to resistance line of channel
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago price broke $66600 level and entered to flat, where it soon reached top part, which coincided with $71500 level.
Then price made correction, after which in a short time, it rose back to $71500 level, turned around, and started to decline.
BTC exited from flat and continued to decline inside falling channel, where later it broke $66600 level.
After this movement, price some time traded in resistance area and then bounced down to support line of channel.
At the moment, BTC trades near this line and I think that price can fall to this line again and then bounce up to $64200
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price broke $66600 level and entered to flat, where it soon reached top part, which coincided with $71500 level.
Then price made correction, after which in a short time, it rose back to $71500 level, turned around, and started to decline.
BTC exited from flat and continued to decline inside falling channel, where later it broke $66600 level.
After this movement, price some time traded in resistance area and then bounced down to support line of channel.
At the moment, BTC trades near this line and I think that price can fall to this line again and then bounce up to $64200
If this post is useful to you, you can support me with like/boost and advice in comments❤️