BITCOIN - Price can continue to fall to support level in flat
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price entered to wedge pattern, bouncing down from resistance line and breaking $62200 level.
But then, BTC made upward impulse to $66600 level, breaking $62200 level, and even soon broke $66600 level too.
Next, price continued to move up and in a short time later exited from wedge and even entered to resistance area.
After this, Bitcoin turned around and started to trades in flat, making a fake breakout of $70700 level.
Recently price fell to support level, but then bounced up and now it tardes almost near top part of flat.
At the moment, I think price can make upward movement first, and then continue to fall to $66600
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A not long time ago price entered to wedge pattern, bouncing down from resistance line and breaking $62200 level.
But then, BTC made upward impulse to $66600 level, breaking $62200 level, and even soon broke $66600 level too.
Next, price continued to move up and in a short time later exited from wedge and even entered to resistance area.
After this, Bitcoin turned around and started to trades in flat, making a fake breakout of $70700 level.
Recently price fell to support level, but then bounced up and now it tardes almost near top part of flat.
At the moment, I think price can make upward movement first, and then continue to fall to $66600
If this post is useful to you, you can support me with like/boost and advice in comments❤️