Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
Recently price bounced from resistance area and made a little movement up, after which started to decline in falling channel.
In channel, BTC first fell below $69250 level, but soon backed up and later reached resistance line.
Soon, price turned around and made downward impulse to $61400 support level, thereby breaking $69250 level.
Next, BTC bounced from support level, which coincided with support area, and rose a little up but soon fell back.
Also, price made fake breakout of $61400 level, after which turned around and started to move up.
Now, I think that Bitcoin can reach resistance line of channel and then start to decline to $61400 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price bounced from resistance area and made a little movement up, after which started to decline in falling channel.
In channel, BTC first fell below $69250 level, but soon backed up and later reached resistance line.
Soon, price turned around and made downward impulse to $61400 support level, thereby breaking $69250 level.
Next, BTC bounced from support level, which coincided with support area, and rose a little up but soon fell back.
Also, price made fake breakout of $61400 level, after which turned around and started to move up.
Now, I think that Bitcoin can reach resistance line of channel and then start to decline to $61400 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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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
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.