BITCOIN - Price can bounce up from wedge to $70K points
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price declined in falling channel, where it broke $65000 level and fell to $57900 level.
Then price broke this level too, also exiting from falling channel and entering to wedge, where it fell to support line.
Next, price at once made upward impulse to resistance line, breaking $57900 level again and then made correction.
Price some time traded near this support level and later started to grow to resistance line of wedge.
In a short time, BTC reached this line, which coincided with resistance level and at once fell little below.
I think that Bitcoin can fall almost support line and then bounce up from wedge to $70000, breaking resistance level too.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price declined in falling channel, where it broke $65000 level and fell to $57900 level.
Then price broke this level too, also exiting from falling channel and entering to wedge, where it fell to support line.
Next, price at once made upward impulse to resistance line, breaking $57900 level again and then made correction.
Price some time traded near this support level and later started to grow to resistance line of wedge.
In a short time, BTC reached this line, which coincided with resistance level and at once fell little below.
I think that Bitcoin can fall almost support line and then bounce up from wedge to $70000, breaking resistance level too.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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