Long

HelenP. I Bitcoin has tested support of triangle and may to rise

Hi folks today I'm prepared for you BITCOIN analytics. After the price rebounded from the support zone 27350-27100 in early April, it continued the local uptrend, broke through the resistance zone 28800-29100 and rose to the level of 31000. Bitcoin ended the local uptrend, rebounded from resistance at level 31,000 and began to fall. For a long time, price created a descending triangle, in which it is still trading. After breaking down the resistance of the triangle, which corresponds to the trend line, the price could not fix in above, come back continued the local downtrend and broke through the current support zone. Bitcoin went down and re-tested zone 27350-29100, which is a support for the triangle and increased. Currently, the price is trading over the support zone and may continue to rise. It seems to me that Bitcoin can continue the local downtrend, but at first it can make a deep upward correction. The price can reach the resistance zone, so the targets will be set at 28150 and in the zone 28800-29100. If you like my analytics you may support me with your like/comment ❤️

FirstNameHelen

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