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BITCOIN - Price can make small correction and then continue grow
Bitcoin / Tether
Long
BITCOIN - Price can make small correction and then continue grow
By WalterMoon
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Jul 18
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Jul 18
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price traded inside flat, where it bounced twice from support area, and on a second try it started to grow.
Price exited from flat and continued to grow in rising channel, where firstly it reached resistance line.
Then BTC made a correction to support line, after which bounced and in a short time rose to $64100 level.
Bitcoin at once bounced from this level and fell a little, but soon turned around and finally broke it.
After this, price rose to resistance line and not long time ago made a correction to support level.
Possibly, price can decline even lower than support level and then bounce up to $68000 resistance line of channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Bitcoin (Cryptocurrency)
BTC
FLAT
Parallel Channel
Support and Resistance
usdt
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