Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
Some time ago price made upward impulse from support line to resistance area, breaking $41000 and $43800 levels.
Also, BTC entered to flat, where it fell lower than $43800 level, and soon tried to back up, but failed.
Next, price some time more traded in flat, and last time made upward impulse from support level to resistance zone.
After this, BTC a few time tarded in resistance area, but recently it bounced from this area and declined to support line of pennant.
After fake breakout of support line, I think that Bitcoin can reach resistance line and try to exit from pennant.
When price will exit from pennant, it can make retest and then bounce up to $45000, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price made upward impulse from support line to resistance area, breaking $41000 and $43800 levels.
Also, BTC entered to flat, where it fell lower than $43800 level, and soon tried to back up, but failed.
Next, price some time more traded in flat, and last time made upward impulse from support level to resistance zone.
After this, BTC a few time tarded in resistance area, but recently it bounced from this area and declined to support line of pennant.
After fake breakout of support line, I think that Bitcoin can reach resistance line and try to exit from pennant.
When price will exit from pennant, it can make retest and then bounce up to $45000, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
🔶 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.
🔶 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.