Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
When price bounced from resistance level, which is located in resistance area, it started to trades in falling channel.
In channel, BTC declined to support level, which coincided with support area and even soon made fake breakout of this level.
After this, price made strong upward impulse from $42000 support level to $45900 points, breaking $44000 level and exiting of channel.
Later, BTC started to decline and fell to $41000 points quickly, breaking the $44000 level again.
Recently, price rose higher than support level and soon bounced from this level to resistance line, where it trades near now.
Possibly, Bitcoin can continue to move up to $45000, breaking resistance line and level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
When price bounced from resistance level, which is located in resistance area, it started to trades in falling channel.
In channel, BTC declined to support level, which coincided with support area and even soon made fake breakout of this level.
After this, price made strong upward impulse from $42000 support level to $45900 points, breaking $44000 level and exiting of channel.
Later, BTC started to decline and fell to $41000 points quickly, breaking the $44000 level again.
Recently, price rose higher than support level and soon bounced from this level to resistance line, where it trades near now.
Possibly, Bitcoin can continue to move up to $45000, breaking resistance line and level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Note
Price rose above 44500$ and made correction, I think BTC can continue to grow.Note
After correction bitcoin starts trading in consolidation between support level $43200 and resistance level $44200
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🔶 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
💎 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
💎 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.