BITCOIN - Price can bounce up from support level to $64400
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
Recently price entered to falling channel, where it fell to $65900 level, which coincided with resistance area.
Soon, price broke this level and fell a little lower, but then BTC rose to the resistance area and then continued to fall.
Later BTC fell to $60600 level, made fake breakout, and exited from channel, after which started to grow in another channel.
Inside rising channel, price rose to resistance line and then bounced back to support level, after which continued to rise.
Now, price trades near support line of rising channel, and I think that BTC can make small correction.
After this, price will bounce up to $64400, which coincides with resistance line of rising channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to falling channel, where it fell to $65900 level, which coincided with resistance area.
Soon, price broke this level and fell a little lower, but then BTC rose to the resistance area and then continued to fall.
Later BTC fell to $60600 level, made fake breakout, and exited from channel, after which started to grow in another channel.
Inside rising channel, price rose to resistance line and then bounced back to support level, after which continued to rise.
Now, price trades near support line of rising channel, and I think that BTC can make small correction.
After this, price will bounce up to $64400, which coincides with resistance line of rising channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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