Michael_Winner

Bitcoin can touch resistance level and then bounce down

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
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Today we will look at the price of Bitcoin .
After range price made strong upward impulse and broke old resistance level .
Not long time ago Bitcoin traded between of support level and resistance level .
Then, price made upward impulse and break resistance level , but soon back inside.
I expect that Bitcoin can rise to resistance level and bounce down.
Therefore I set up first target at $16800 support level and second target - $16400

I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
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