BITCOIN - Price can make correction and then continue to move up
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to wedge, where it at once bounced from resistance line to support line.
Soon, BTC turned around and in a short time rose higher than $57000 level, breaking it and then making retest of this level.
Next, price continued to move up and later reached $65600 level, which coincided with support area.
Bitcoin first made a small correction movement, and then broke this level and rose to resistance line of wedge.
After this movement, price made a correction to support line, but not a long time ago backed up.
Now, I think price can make correction to support area and then continue to grow to $69900 resistance line of wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to wedge, where it at once bounced from resistance line to support line.
Soon, BTC turned around and in a short time rose higher than $57000 level, breaking it and then making retest of this level.
Next, price continued to move up and later reached $65600 level, which coincided with support area.
Bitcoin first made a small correction movement, and then broke this level and rose to resistance line of wedge.
After this movement, price made a correction to support line, but not a long time ago backed up.
Now, I think price can make correction to support area and then continue to grow to $69900 resistance line of wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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