Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
Recently price declined in falling channel, where it broke $65000 level and fell to $57900 level.
Then price broke this level too, also exiting from falling channel and entering to wedge, where it fell to support line.
Next, price at once made upward impulse to resistance line, breaking $57900 level again and then made correction.
Price some time traded near this support level and later started to grow to resistance line of wedge.
In a short time, BTC reached this line, which coincided with resistance level and at once fell little below.
I think that Bitcoin can fall almost support line and then bounce up from wedge to $70000, breaking resistance level too.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price declined in falling channel, where it broke $65000 level and fell to $57900 level.
Then price broke this level too, also exiting from falling channel and entering to wedge, where it fell to support line.
Next, price at once made upward impulse to resistance line, breaking $57900 level again and then made correction.
Price some time traded near this support level and later started to grow to resistance line of wedge.
In a short time, BTC reached this line, which coincided with resistance level and at once fell little below.
I think that Bitcoin can fall almost support line and then bounce up from wedge to $70000, breaking resistance level too.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
đź’Ž ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
đź’Ž ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.