BITCOIN - Price can correct again and then start grow to $101K
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago, prices bounced from $93600 level, rose to $102500, and then started to decline in a triangle.
In this pattern, price turned around and made an upward impulse from support line to $102500 level and broke it.
Next, BTC exited from triangle and started to decline inside pennant, where it soon broke $102500 level one more time.
After this, price dropped to support area and even a little below, reaching support line pennant and then bouncing up.
Bitcoin rose to $102500 level, after which in a short time, it declined to support line of pennant and now it rising.
In my mind, BTC can correct to support line again and then start to grow to 101K.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago, prices bounced from $93600 level, rose to $102500, and then started to decline in a triangle.
In this pattern, price turned around and made an upward impulse from support line to $102500 level and broke it.
Next, BTC exited from triangle and started to decline inside pennant, where it soon broke $102500 level one more time.
After this, price dropped to support area and even a little below, reaching support line pennant and then bouncing up.
Bitcoin rose to $102500 level, after which in a short time, it declined to support line of pennant and now it rising.
In my mind, BTC can correct to support line again and then start to grow to 101K.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Okay, BTC continued to grow. For this case, I think it will continue to grow next and reach my target.Trade closed: target reached
Okay, I still waiting when BTC will bounce to the resistance line of triangle, reaching my target.
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💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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.