Hello my friends, today I want to talk to you about BTCUSDT.
I made a few conclusions about Bitcoin.
The price moved in flat, but btc made upward impulse and exited of flat.
Then, the price made stong downward impulse and break old support level.
Now price bounce of support area and trades near of top part of support area.
I expect that price can decline a little more in support area and then reverse and start to resistance level.
Resistance level is my first target which is located at $18200
Also, I think btc can break resistance level and can continue rise to my second target which is located at $18800
I expect such a scenario.
This is an article not financial advice, always do your own research
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
I made a few conclusions about Bitcoin.
The price moved in flat, but btc made upward impulse and exited of flat.
Then, the price made stong downward impulse and break old support level.
Now price bounce of support area and trades near of top part of support area.
I expect that price can decline a little more in support area and then reverse and start to resistance level.
Resistance level is my first target which is located at $18200
Also, I think btc can break resistance level and can continue rise to my second target which is located at $18800
I expect such a scenario.
This is an article not financial advice, always do your own research
If you still have questions, you can write it in the comments below and I will answer them.
And please don't forget to support this idea with your like and comment, thanks.
