FirstNameHelen

HelenP. I Btc can break trend line and leave triangle

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you BITCOIN analytics. Last week, the price bounced off the support zone, generated impulse and tried to break through resistance at the level 28760, but could not gain a foothold higher. After some time, Bitcoin created a symmetrical triangle, inside which it is currently trading. Not so long ago, the price tried to break through the trend line, but it never managed to fix lower. The price bounced and rose to the resistance line of the triangle. After the retest resistance, Bitcoin continued to decline. The price is now trading close to the trend line and may continue to fall and break through it. Bitcoin, after a possible breakdown of the trend line, may leave the triangle and continue to fall. Consequently, the target will be set at level 27560, which corresponds to a Fibonacci level 0.786. If you like my analytics you can support me with your like/comment ❤️

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