⚠️ BTCUSD breakout, correction and fall
Bitcoin price made a false breakout of the strong resistance line at 63443.8.
This line has existed since the beginning of 2021.
The price made three breakouts of this line (February, March, April).
Last week the price increased from the support line 55381.2.
Then it broke through the support line 58344.4.
And it made a false breakout of the strong resistance 63443.8.
After a false breakout, the price returned to the line.
Fixed on it during the correction.
I expect the price to fall.
Target - 60411.7.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
This line has existed since the beginning of 2021.
The price made three breakouts of this line (February, March, April).
Last week the price increased from the support line 55381.2.
Then it broke through the support line 58344.4.
And it made a false breakout of the strong resistance 63443.8.
After a false breakout, the price returned to the line.
Fixed on it during the correction.
I expect the price to fall.
Target - 60411.7.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.