BITCOIN - Price can bounce down from resistance area to $55500
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A few moments ago price started to trades in flat, where it broke $70300 resistance level and fell to bottom part of flat.
Then price turned around and rose to resistance line of wedge, exiting from flat, and soon BTC broke $70300 level again.
After this, price in a short time declined to support line of wedge, which coincided with $60500 level.
But BTC at once bounced up to resistance line of wedge, after which it made downward impulse to support line of wege.
Price broke $60500 level, but not long ago, BTC rose to this level and now trades very close.
Possibly, Bitcoin can rise a little higher than resistance level and then bounce down to $55500 support line of wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few moments ago price started to trades in flat, where it broke $70300 resistance level and fell to bottom part of flat.
Then price turned around and rose to resistance line of wedge, exiting from flat, and soon BTC broke $70300 level again.
After this, price in a short time declined to support line of wedge, which coincided with $60500 level.
But BTC at once bounced up to resistance line of wedge, after which it made downward impulse to support line of wege.
Price broke $60500 level, but not long ago, BTC rose to this level and now trades very close.
Possibly, Bitcoin can rise a little higher than resistance level and then bounce down to $55500 support line of wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️