BITCOIN - Price can continue to decline inside falling channel
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
A few moments ago price entered to wedge, where it at once made upward impulse from support line to resistance area.
Then it turned around and made correction to support level, after which rose to resistance line and soon fell back.
Next, BTC made upward impulse to resistance area again, exiting from wedge, but at once started to decline in falling channel.
Price made fake breakout of $71400 and in a short time declined to support area, after which bounced up.
Now, Bitcoin tries to rise, therefore I think it can make a small movement up and then bounce down to $65200, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few moments ago price entered to wedge, where it at once made upward impulse from support line to resistance area.
Then it turned around and made correction to support level, after which rose to resistance line and soon fell back.
Next, BTC made upward impulse to resistance area again, exiting from wedge, but at once started to decline in falling channel.
Price made fake breakout of $71400 and in a short time declined to support area, after which bounced up.
Now, Bitcoin tries to rise, therefore I think it can make a small movement up and then bounce down to $65200, breaking support level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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