FirstNameHelen

HeleP. I BTC trades in triangle and may fall to trendline

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you BITCOIN analytics. Not so long ago, Bitcoin bounced back from support at level 26630 and began to move in an uptrend. Over time, the price has created an ascending triangle and is now trading inside. Recently, the price tried to break through the resistance zone 28720-29000, but could not gain a foothold over it, and began to decline and reached the trend line. Bitcoin bounced off the trend line and grew to a resistance zone it retested. Currently, the price is trading below the resistance zone and may continue to fall. It seems to me that Bitcoin may go down again to the trend line, consequently, the target will be set at level 27930 which coincide with trendline. If you like my analytics you can support me with your like/comment ❤️

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