Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
Recently price fell below $26600 support level and some time traded inside support area, where later bounced down and entered to flat.
Inside flat, BTC declined to bottom part and then bounced up to $26600 level, where it making fake breakout.
After this, price declined to support line of pennant and then made strong upward impulse to resistance line, breaking $28000 level.
But soon, price declined below this level with resistance area to support line of pennant.
A not long ago, it bounced from this line and now trades near and I think BTC can make correction to support line.
And then price can bounce up to $28350, thereby exiting from pennant and breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price fell below $26600 support level and some time traded inside support area, where later bounced down and entered to flat.
Inside flat, BTC declined to bottom part and then bounced up to $26600 level, where it making fake breakout.
After this, price declined to support line of pennant and then made strong upward impulse to resistance line, breaking $28000 level.
But soon, price declined below this level with resistance area to support line of pennant.
A not long ago, it bounced from this line and now trades near and I think BTC can make correction to support line.
And then price can bounce up to $28350, thereby exiting from pennant and breaking resistance level.
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.