Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
A few moments ago price entered to rising channel, where it at once bounced down from resistance to support line.
But soon, BTC backed up to resistance line of channel, breaking $61100 level, which coincided with support area.
Next, price made correction, after which bounced up from support level and continued to move up.
In a short time price reached $70000 resistance level, which coincided with resistance area and even broke this level.
But a not long time ago Bitcoin turned around and fell lower than $70000 level, making fake breakout.
Now, I think price can decline a little more and then bounce up to $72500, breaking resistance level again.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few moments ago price entered to rising channel, where it at once bounced down from resistance to support line.
But soon, BTC backed up to resistance line of channel, breaking $61100 level, which coincided with support area.
Next, price made correction, after which bounced up from support level and continued to move up.
In a short time price reached $70000 resistance level, which coincided with resistance area and even broke this level.
But a not long time ago Bitcoin turned around and fell lower than $70000 level, making fake breakout.
Now, I think price can decline a little more and then bounce up to $72500, breaking resistance level again.
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.