Bitcoin / TetherLong
BITCOIN - Price can correct to support area and then bounce up
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
Recently price started to move up in the rising channel, where it at once made correction from resistance line.
Price fell below $94000 level, but soon backed up and later continued to grow to resistance line of channel.
When price reached this line, it made a correction to support line and then rose higher than $103500 level, breaking it.
Soon BTC turned around and declined to support level, breaking resistance level and exiting from channel.
At the moment, price trades close support level and I think it can fall to the support area and then start to grow to 100K.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price started to move up in the rising channel, where it at once made correction from resistance line.
Price fell below $94000 level, but soon backed up and later continued to grow to resistance line of channel.
When price reached this line, it made a correction to support line and then rose higher than $103500 level, breaking it.
Soon BTC turned around and declined to support level, breaking resistance level and exiting from channel.
At the moment, price trades close support level and I think it can fall to the support area and then start to grow to 100K.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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