FirstNameHelen

HelenP. I BTC can break trendline and exit wedge

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you BITCOIN analytics. Last week, Bitcoin began to move in a downward local trend. Over time, the price has created a descending wedge, inside which is now being traded. Recently, the price bounced off the trend line and impulsely fell to the support line of wedge and tried to break through it, but could not fix lower. Bitcoin began to move up, broke through the resistance at the level 27755 over which it fixed. Next, the price re-tested the current support and continued to grow. Now the price is trading close to the trend line and can continue to move up and break through it. It seems to me that Bitcoin, after a possible breakdown of the trend line, can continue to move. Consequently, targets for BTC/USDT will be set at level 28250, which coincide with the trendline, and at level 28480. If you like my analytics you can support me with your like/comment ❤️

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