FirstNameHelen

HelenP. I Bitcoin can correct to trend line and then rebound up

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price made a downward move, but soon turned around and reached the resistance level, which coincided with the resistance zone, after which BTC rebounded and made a strong impulse down to the trend line, thereby breaking the 60200 support level. Then price some time traded near the trend line and later rebounded up to the support level, which coincided with the support zone and broke it again. After this, the price started to trades inside consolidation, where it in a short time rose to the 64550 resistance level, and even some time later entered to the resistance zone. But soon, BTC made the downward move to the trend line, exiting from the resistance zone, after which rebounded from the trend line and started to move up. Just now, the price continues to rise, for this reason, I expect that Bitcoin will make a correction movement almost to the trend line and then rebound up to the resistance level, which coincided with the top part of consolidation. That's why I set my target at the 64550 level. If you like my analytics you may support me with your like/comment ❤️

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