BITCOIN - After downward impulse, price can rise back to $45000
Aggiornato
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
When price bounced from resistance level, which is located in resistance area, it started to trades in falling channel.
In channel, BTC declined to support level, which coincided with support area and even soon made fake breakout of this level.
After this, price made strong upward impulse from $42000 support level to $45900 points, breaking $44000 level and exiting of channel.
Later, BTC started to decline and fell to $41000 points quickly, breaking the $44000 level again.
Recently, price rose higher than support level and soon bounced from this level to resistance line, where it trades near now.
Possibly, Bitcoin can continue to move up to $45000, breaking resistance line and level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
When price bounced from resistance level, which is located in resistance area, it started to trades in falling channel.
In channel, BTC declined to support level, which coincided with support area and even soon made fake breakout of this level.
After this, price made strong upward impulse from $42000 support level to $45900 points, breaking $44000 level and exiting of channel.
Later, BTC started to decline and fell to $41000 points quickly, breaking the $44000 level again.
Recently, price rose higher than support level and soon bounced from this level to resistance line, where it trades near now.
Possibly, Bitcoin can continue to move up to $45000, breaking resistance line and level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Nota
Price rose above 44500$ and made correction, I think BTC can continue to grow.Nota
After correction bitcoin starts trading in consolidation between support level $43200 and resistance level $44200
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