BITCOIN - Price can bounce down to $65700, exiting from flat
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price broke $62800 level, which coincided with support area, but later started to grow in rising channel.
In this channel, BTC in a short time rose to $62800 level, but at once made correction move to support line.
Soon, price turned around and made upward impulse, breaking $62800 level, and continued to grow in another rising channel.
Later Bitcoin reached $69200 level, which coincided with one more support area, and soon broke this level.
Price exited from rising channel and started to trades in flat, where at the moment it continues to trades.
So, I think Bitcoin can make small move up and then bounce down to $65700, exiting from flat and breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price broke $62800 level, which coincided with support area, but later started to grow in rising channel.
In this channel, BTC in a short time rose to $62800 level, but at once made correction move to support line.
Soon, price turned around and made upward impulse, breaking $62800 level, and continued to grow in another rising channel.
Later Bitcoin reached $69200 level, which coincided with one more support area, and soon broke this level.
Price exited from rising channel and started to trades in flat, where at the moment it continues to trades.
So, I think Bitcoin can make small move up and then bounce down to $65700, exiting from flat and breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️