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WalterMoon
Apr 13, 2024 12:07 PM

BITCOIN - Price can break resistance line and rise to $70900 Long

Bitcoin / TetherCoinbase

Description

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Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š

Some time ago price broke support level, which coincided with support area, and later started to rise in wedge.

In this pattern, BTC quickly rose to resistance line, thereby breaking $70900 level, but then price turned around.

Soon, price broke $70900 one more time and exited from wedge, after which it fell lower $62600 level.

Later Bitcoin bounced up from support line and rose to $70900 level, where some time traded and then little decline.

After this, price rose to resistance area, breaking resistance line, but recently BTC made downward impulse.

Now, price trades below support line and I think Bitcoin can fall little and then continue to rise to $70900 level, breaking this line.

If this post is useful to you, you can support me with like/boost and advice in comments❤️
Comments
Leo-btm
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nice job
Xanrox
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I agree with you, I am bullish on BTC.
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