BITCOIN - Price can break resistance level and continue to grow
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it at once reached resistance level, and then continued to fall.
Later BTC rose to $64600 level again, after which made downward impulse, exiting from falling channel and breaking $59200 level.
Then price some time traded below $59200 level and soon reached and broke it, after which made retest.
After this movement, BTC continued to move up inside rising channel, where it made fake breakout of $64600 level.
Then price fell to support line of channel, but a not long time ago bounced and now continues to grow.
In my mind, Bitcoin can fall to support line of channel and then bounce up to $66100 points, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to falling channel, where it at once reached resistance level, and then continued to fall.
Later BTC rose to $64600 level again, after which made downward impulse, exiting from falling channel and breaking $59200 level.
Then price some time traded below $59200 level and soon reached and broke it, after which made retest.
After this movement, BTC continued to move up inside rising channel, where it made fake breakout of $64600 level.
Then price fell to support line of channel, but a not long time ago bounced and now continues to grow.
In my mind, Bitcoin can fall to support line of channel and then bounce up to $66100 points, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️