BITCOIN - Price can bounce from support line and start to grow
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago price bounced from resistance line and made downward impulse to $40800 level, thereby breaking $43200
After this, BTC bounced from this level, which coincided with support area, and rose to $43200 level, breaking resistance line.
But, after reaching this level, price started to decline in falling channel, where it fell back to $40800 support level.
Then BTC bounced again from this level, exited from falling channel, and entered to rising channel, in which it backed up to $43200
Recently, price broke this level and now I think Bitcoin can make correction and then it bounce up from support line to rise to $45500
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price bounced from resistance line and made downward impulse to $40800 level, thereby breaking $43200
After this, BTC bounced from this level, which coincided with support area, and rose to $43200 level, breaking resistance line.
But, after reaching this level, price started to decline in falling channel, where it fell back to $40800 support level.
Then BTC bounced again from this level, exited from falling channel, and entered to rising channel, in which it backed up to $43200
Recently, price broke this level and now I think Bitcoin can make correction and then it bounce up from support line to rise to $45500
If this post is useful to you, you can support me with like/boost and advice in comments❤️