Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago, the price moved inside rising channel and then made breakout, reaching upper resistance area.
After that, Bitcoin dropped sharply and entered a flat pattern between support and resistance boundaries.
It tested $82300 support level several times, bouncing from this zone without a clear downward breakout.
Recently, the price again touched the support area between $82300 and $81500 and bounced from this demand zone.
Now BTC trades near the middle of the flat and shows signs of strength after holding a support area.
In my opinion, Bitcoin can rise from current range and reach $86000 resistance level in the next move.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago, the price moved inside rising channel and then made breakout, reaching upper resistance area.
After that, Bitcoin dropped sharply and entered a flat pattern between support and resistance boundaries.
It tested $82300 support level several times, bouncing from this zone without a clear downward breakout.
Recently, the price again touched the support area between $82300 and $81500 and bounced from this demand zone.
Now BTC trades near the middle of the flat and shows signs of strength after holding a support area.
In my opinion, Bitcoin can rise from current range and reach $86000 resistance level in the next move.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Price little declined. For this case, I expect that it will fall a little more and then bounce up to my target.Trade closed: target reached
Soon, BTC can touch the support level, which is the bottom part of the flat as well. After this, I expect that it will start to grow.
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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
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.
💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 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
🔶 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
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.