Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago price reached resistance line of triangle and then, in a short time, declined to $80300 level.
Price broke $92000 level and then some time traded inside triangle, where it reached this level again and then corrected.
Later BTC exited from triangle and entered to wedge, where it first declined below $80300 level, but later turned back.
Then it continued to move up inside wegde, where it later made correction to support line and then rose to $92000 level.
Soon, price broke this level and even reached resistance line of wegde, after which it corrected and continues to rise.
Possibly, price can bounce up from support area to $100K, thereby exiting from wedge pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price reached resistance line of triangle and then, in a short time, declined to $80300 level.
Price broke $92000 level and then some time traded inside triangle, where it reached this level again and then corrected.
Later BTC exited from triangle and entered to wedge, where it first declined below $80300 level, but later turned back.
Then it continued to move up inside wegde, where it later made correction to support line and then rose to $92000 level.
Soon, price broke this level and even reached resistance line of wegde, after which it corrected and continues to rise.
Possibly, price can bounce up from support area to $100K, thereby exiting from wedge pattern.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Great! The price started to decline to the support area. It could bounce up when it reaches this area, thereby exiting the wedge.Trade closed manually
BTC started to decline. For this case, I closed this trade.
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💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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.