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BITCOIN - Price can start to decline inside rising channel
Bitcoin / Tether
Short
BITCOIN - Price can start to decline inside rising channel
By WalterMoon
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Sep 13
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Sep 13
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A few moments ago price entered to rising channel, where it reached $61800 level, broke it, and continued to move up.
Price reached resistance line, then it turned around and started to decline and soon exited from channel.
Next, price continued to decline in wedge, where it declined lower than $61800 and $55700 levels, breaking its.
Then BTC reached support line of wedge and then started to grow inside another rising channel.
In this channel, price broke $55700 level and at the moment it trades near resistance line of channel.
Possible, BTC can reach resistance line of channel and then start to decline to $55500
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin (Cryptocurrency)
BTC
Parallel Channel
Trend Analysis
usdt
Wedge
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