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FirstNameHelen
Feb 24, 2024 11:33 AM

HelenP. I Bitcoin will rebound from trend line and continue grow Long

Bitcoin / TetherUSBinance

Description

Hi folks today I'm prepared for you Bitcoin analytics. Some days ago price rebounded from the trend line and rose to the support zone, which coincided with the 50650 support level, but at once BTC rebounded and made little correction. After correction, the price rose back to the support zone, and in a short time, BTC broke the 50650 support level and rose until to the resistance level, which coincided with the resistance zone, and also price started to trades inside consolidation. In consolidation, the price rebounded from the resistance level and declined to the support level, but soon it bounced and rose back to the 52800 level. After this movement, BTC turned around and started to decline to the support level, which coincided with the trend line, where recently it rebounded and started to grow. At the moment price continues to rise near this level in consolidation, so I expect that Bitcoin will correct to the trend line, after which it will rebound and continue to move up in consolidation. That's why I set my target at 52300 points. If you like my analytics you may support me with your like/comment ❤️
Comments
behdark
The analysis was excellent, powerful, keep it up, thank you
MyCryptoParadise
Appreciating the detailed analytics! It's insights like these that help paint a clearer picture of BTC's potential trajectory. Great work
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