BITCOIN - Price can leave pennant and then fell to support level
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Firstly, price traded inside from wedge, where it broke $27240 and $28410 levels.
Also, BTC made strong upward impulse to higher of resistance area with HKEX:29650 level, thereby breaking it.
Next, price made correction below this level and tried to rise again, but failed and entered to falling channel.
After channel, Bitcoin fell to $27240 level and later backed up to resistance area, but at once fell to $28410 level.
As well price started trading inside from pennant and at the moment BTC trades close to support line.
Possibly price can make a little movement up to resistance line and then bounce down to $28410 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Firstly, price traded inside from wedge, where it broke $27240 and $28410 levels.
Also, BTC made strong upward impulse to higher of resistance area with HKEX:29650 level, thereby breaking it.
Next, price made correction below this level and tried to rise again, but failed and entered to falling channel.
After channel, Bitcoin fell to $27240 level and later backed up to resistance area, but at once fell to $28410 level.
As well price started trading inside from pennant and at the moment BTC trades close to support line.
Possibly price can make a little movement up to resistance line and then bounce down to $28410 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️