HelenP. I Bitcoin, after breaks support level, can continue fall
Updated
Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price rose to the resistance level, which coincided with the resistance zone, and when it reached it, the price made a correction movement. Then BTC rose back and repeated movement down and then continued to grow next. In a short time, the price broke the resistance level and reached the trend line, which soon broke too, and tried to grow next. But BTC couldn't rise more, turned around, and started to decline. Soon, it broke the 64600 level, made a retest, and then fell to the trend line, after which continued to decline next near this line. Also, it tried to rise but failed and dropped more, until to my past goal (60K) in the past idea, breaking the trend line and even declining a little below the 60800 support level. Next, it rose back, breaking the trend line again, but a not long time ago fell back to the support level, and now trying to break it. So, I expect that BTCUSDT will break the support level, make a retest, and then continue to decline to the trend line. For this case, I set my goal at 58800 points, which coincided with this line. If you like my analytics you may support me with your like/comment ❤️
Trade active
BTC rose a little, even higher than support level. For this case, I expect that it can little grow more and then drop to my new goal($59600 points), breaking support level again:
Trade active
Now, I expect that BTC can start to decline to my goal($59600 points), breaking support level:
Trade active
So, I think BTC can rise a little and then it will drop to the support level, we'll see. 👀
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.