FirstNameHelen

HelenP. I Bitcoin may break trendline and exit wedge

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you BITCOIN analytics. Bitcoin dropped to level 27130, formed a support zone, re-tested it and, began to move up. The price rose to a resistance zone of 29800-30000, from which it rebounded, quickly fell to the support zone, and immediately rose and re-tested the resistance zone. Bitcoin continued its downtrend and reached support of 27860, after which it made a deep upward correction and continued to decline. For a long time, was created a downward wedge and now the price is traded inside. After rebounding from support of wedge, the price rose and re-tested the trendline that corresponds the wedge resistance. Recently, the price dropped, re-tested the support zone and rebounded. Bitcoin is now trading above the support area and may continue to rise. It seems to me that the price may break through the trend line and leave the wedge. Therefore, goals will be set at levels 27860 and 28850. If you like my analytics you may support me with your like/comment ❤️

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