BITCOIN - Price can continue to grow inside rising channel
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A few moments ago price entered to rising channel, where it at once bounced down from resistance to support line.
But soon, BTC backed up to resistance line of channel, breaking $61100 level, which coincided with support area.
Next, price made correction, after which bounced up from support level and continued to move up.
In a short time price reached $70000 resistance level, which coincided with resistance area and even broke this level.
But a not long time ago Bitcoin turned around and fell lower than $70000 level, making fake breakout.
Now, I think price can decline a little more and then bounce up to $72500, breaking resistance level again.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few moments ago price entered to rising channel, where it at once bounced down from resistance to support line.
But soon, BTC backed up to resistance line of channel, breaking $61100 level, which coincided with support area.
Next, price made correction, after which bounced up from support level and continued to move up.
In a short time price reached $70000 resistance level, which coincided with resistance area and even broke this level.
But a not long time ago Bitcoin turned around and fell lower than $70000 level, making fake breakout.
Now, I think price can decline a little more and then bounce up to $72500, breaking resistance level again.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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