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BITCOIN - Price can continue to move up to top part of flat
Bitcoin / Tether
Long
BITCOIN - Price can continue to move up to top part of flat
By WalterMoon
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Mar 24
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Mar 24
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
A not long time ago price traded below $68700 resistance level, which coincided with resistance area.
Soon, BTC broke this level, formed a rectangle, and later turned around from $73850 points and started to decline.
In a short time, price declined lower $68700 level, breaking it, and started to trades in flat, where fell to $62500 level.
After this, price turned around and rose to resistance line, after which bounced back and recently started to rise again.
A few moments ago, Bitcoin reached resistance line, broke it, and now trades very close to this line.
In my mind, BTC can make a small movement down and then continue to rise to $68700 level in flat.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin (Cryptocurrency)
BTC
BTCUSDT
FLAT
rectanglebreak
Support and Resistance
Trend Analysis
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