BITCOIN - Price can try exit from pennant and then continue grow
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
Some time ago price made upward impulse from support line to resistance area, breaking $41000 and $43800 levels.
Also, BTC entered to flat, where it fell lower than $43800 level, and soon tried to back up, but failed.
Next, price some time more traded in flat, and last time made upward impulse from support level to resistance zone.
After this, BTC a few time tarded in resistance area, but recently it bounced from this area and declined to support line of pennant.
After fake breakout of support line, I think that Bitcoin can reach resistance line and try to exit from pennant.
When price will exit from pennant, it can make retest and then bounce up to $45000, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price made upward impulse from support line to resistance area, breaking $41000 and $43800 levels.
Also, BTC entered to flat, where it fell lower than $43800 level, and soon tried to back up, but failed.
Next, price some time more traded in flat, and last time made upward impulse from support level to resistance zone.
After this, BTC a few time tarded in resistance area, but recently it bounced from this area and declined to support line of pennant.
After fake breakout of support line, I think that Bitcoin can reach resistance line and try to exit from pennant.
When price will exit from pennant, it can make retest and then bounce up to $45000, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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