BTCUSDT ! Pre-break consolidation, level retest. What's next?👾

14 ส.ค. 2022

Bitcoin. The cryptocurrency is in an uptrend channel. Yesterday the price makes a retest of 24670 level, but this maneuver was false and after the false breakdown we see that the price is not falling, but forming a pre-break consolidation. We see that the coin continues its growth.

There is an ascending price channel formed on the chart and the price has previously tested local support based on the local channel and the trend lines MA 50 and MA 200.

There are no levels above the price to the resistance area 27250 and in fact, this field is clear and the price can reach this level very quickly.

I assume that the growth can continue, the key zone for the price is the resistance and liquidity zone 27250, which is worth paying attention to in the medium term.

Regards R. Linda!