BTCUSD ! Support breakout
Updated
BTCUSD stops the strong movement at 39300 and forms a small pullback, during which a false breakdown of the downward level was made and the price returned back under the descending channel support. There is potential for a fall.
The price returns to the retest level 39300, which was formed a few days ago. The rollback was not deep
, which indicates the mood of sellers to push through the market.
I assume a breakdown of the level of 39300 when the price approaches the support at reduced volatility. I am waiting for pre-breakdown consolidation and a price drop to a strong support level - the lower limit of the 37000 range.
Sincerely, R. Linda!
The price returns to the retest level 39300, which was formed a few days ago. The rollback was not deep
, which indicates the mood of sellers to push through the market.
I assume a breakdown of the level of 39300 when the price approaches the support at reduced volatility. I am waiting for pre-breakdown consolidation and a price drop to a strong support level - the lower limit of the 37000 range.
Sincerely, R. Linda!
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NO‼️
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Join me, I'll guide you to PROFITABLE TRADING💵!
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