FirstNameHelen

HelenP. I BTC trades inside wedge and may to rise and exit it

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you BITCOIN analytics. After re-testing the resistance zone 29630-29880, the price started a downtrend and broke through the level of 28350. After an upward correction, Bitcoin retested the current resistance and continued to fall. The price dropped to the level of 25865, tested it and rebounded. For a while, Bitcoin traded above support, after which it went down, re-tested it and began to rise. The price rose to the level of 28350, re-tested it and fell to support 25865, which it tried to break through, but not fixed below, and start to rise. Over a long period, was created a descending wedge, in which the price is currently traded. Rebounded from support of wedge, Bitcoin rose pulsed. Now the price has made a correction down and is trading below the resistance of the wedge, but may continue to rise and break through it. It seems to me that the price may exit of the wedge and continue to rise. Therefore, goals for Bitcoin will be set at levels 27600 and 28350. If you like my analytics you may support me with your like/comment ❤️

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