Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
When price bounced from support level, which coincided with support area it made upward impulse to $44700 level.
Then price in a short time declined lower $41600 support level, and later BTC started to grow in rising channel.
In channel, price rose to resistance line of channel, breaking $41600 level again, but then BTC made correction to this level.
After this, Bitcoin made impulse up to $45860 points, thereby exiting from channel and then it soon declined to $40560
Also, price started to trades in triangle, where it made strong impulse up to resistance area, exiting from this pattern.
Now, Bitcoin, after breakout of $41600 level, can rise a little more and then bounce down to $43400
If this post is useful to you, you can support me with like/boost and advice in comments❤️
When price bounced from support level, which coincided with support area it made upward impulse to $44700 level.
Then price in a short time declined lower $41600 support level, and later BTC started to grow in rising channel.
In channel, price rose to resistance line of channel, breaking $41600 level again, but then BTC made correction to this level.
After this, Bitcoin made impulse up to $45860 points, thereby exiting from channel and then it soon declined to $40560
Also, price started to trades in triangle, where it made strong impulse up to resistance area, exiting from this pattern.
Now, Bitcoin, after breakout of $41600 level, can rise a little more and then bounce down to $43400
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.