Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to rising channel, where it rose until to resistance line, breaking $64400 level.
Next, price turned around and made downward impulse to $49000 points, breaking two levels and exiting from rising channel.
After this, price started to trades inside pennant, where it at once bounced up from support line.
Price broke $55300 level and later rose to resistance line of pennant, which coincided with resistance level.
But a not long time ago BTC bounced and fell to support line, where at the moment continues to trades near.
Now, I think price can bounce from this line to $61600, exiting from pennant pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to rising channel, where it rose until to resistance line, breaking $64400 level.
Next, price turned around and made downward impulse to $49000 points, breaking two levels and exiting from rising channel.
After this, price started to trades inside pennant, where it at once bounced up from support line.
Price broke $55300 level and later rose to resistance line of pennant, which coincided with resistance level.
But a not long time ago BTC bounced and fell to support line, where at the moment continues to trades near.
Now, I think price can bounce from this line to $61600, exiting from pennant pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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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
💎 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.