Bitcoin / TetherShort
BITCOIN - Price can bounce down from wedge to $59000 points
Updated
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price declined to support line and at once bounced up to $60900 level and soon broke it.
Then, price made retest and continued to move up to resistance line, after which it turned around and declined to support line.
Next, price rose to resistance line, but soon started to decline inside wedge, breaking $64300 level at once.
After this, price fell to support line of wedge and then bounced up to resistance line, after which started to fall.
In a short time, BTC fell to support line of wedge, but recently it rose higher than $60900 level, breaking it.
Now, I think that price can rise slightly and then bounce to $59000, breaking support level and exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price declined to support line and at once bounced up to $60900 level and soon broke it.
Then, price made retest and continued to move up to resistance line, after which it turned around and declined to support line.
Next, price rose to resistance line, but soon started to decline inside wedge, breaking $64300 level at once.
After this, price fell to support line of wedge and then bounced up to resistance line, after which started to fall.
In a short time, BTC fell to support line of wedge, but recently it rose higher than $60900 level, breaking it.
Now, I think that price can rise slightly and then bounce to $59000, breaking support level and exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Okay! BTC rose to resistacne line of wedge and exited from it. So, now I think it can turn around and start to decline to $60500 points.Trade active
Great! Price turned around and started to decline, for this case, I expect that it continue to fall next.
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