Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
A not long time ago, price declined from resistance line to support line, breaking $61300 level, which coincided with support area.
But soon, BTC turned around and made upward impulse to $65200 resistance level, making a fake breakout.
Later price in a short time broke resistance level, which coincided with resistance area and rose to resistance line.
Then price turned around and started to decline in falling channel, where BTC broke $65200 level with support line.
At the moment, price continues to decline inside channel and I think Bitcoin can make a little movement up.
After this, BTC can bounce from resistance line and fall to $59850 support line, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A not long time ago, price declined from resistance line to support line, breaking $61300 level, which coincided with support area.
But soon, BTC turned around and made upward impulse to $65200 resistance level, making a fake breakout.
Later price in a short time broke resistance level, which coincided with resistance area and rose to resistance line.
Then price turned around and started to decline in falling channel, where BTC broke $65200 level with support line.
At the moment, price continues to decline inside channel and I think Bitcoin can make a little movement up.
After this, BTC can bounce from resistance line and fall to $59850 support line, breaking support 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.