Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently, the price entered to rising channel, where it bounced from $65800 level and started to move up.
Later BTC made correction to support line of channel and then made upward impulse to resistance line, breaking $71300 level.
After this, it turned around and entered to wedge, where price soon broke $71300 level again and also left channel.
Then BTC declined to $65800 level, after which it bounced and rose to resistance line, but soon bounced down.
In a short time price broke $65800 level and fell to support line of wedge, and recently it bounced up.
Possibly, Bitcoin can reach resistance area and then it will decline back to $60000 support line.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently, the price entered to rising channel, where it bounced from $65800 level and started to move up.
Later BTC made correction to support line of channel and then made upward impulse to resistance line, breaking $71300 level.
After this, it turned around and entered to wedge, where price soon broke $71300 level again and also left channel.
Then BTC declined to $65800 level, after which it bounced and rose to resistance line, but soon bounced down.
In a short time price broke $65800 level and fell to support line of wedge, and recently it bounced up.
Possibly, Bitcoin can reach resistance area and then it will decline back to $60000 support line.
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.