BITCOIN - Price can break resistance level and continue to grow
Updated
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some time ago price entered to triangle, where at once made downward impulse from resistance line to support line.
Price broke $63700 and $54900 levels, but soon turned around and rose higher than $54900 support level, breaking it again.
Next, BTC continued to grow and later reached resistance line of triangle, after which started to decline.
In a short time, price fell to support area, thereby exiting from triangle and starting to grow in rising channel.
In channel, Bitcoin rose to $63700 resistance level, where at the moment continues to trades very close.
Possibly, price can make a small movement below and then bounce up to $67600, 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 entered to triangle, where at once made downward impulse from resistance line to support line.
Price broke $63700 and $54900 levels, but soon turned around and rose higher than $54900 support level, breaking it again.
Next, BTC continued to grow and later reached resistance line of triangle, after which started to decline.
In a short time, price fell to support area, thereby exiting from triangle and starting to grow in rising channel.
In channel, Bitcoin rose to $63700 resistance level, where at the moment continues to trades very close.
Possibly, price can make a small movement below and then bounce up to $67600, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
BTC continues to trades near the resistance level. I think it can later make little movement down and then start moving up, as I said yesterday.Trade active
I expect that price to break resistance level and rise to my target 🤔Trade active
BTC tried to break the resistance level, but failed and now continues to trades very close to this level. For this case, I think it make a small move down and then bounce up to my target ($67600), breaking resistance level finally.
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