Bitcoin / Tether
Short
Updated

BITCOIN - Price can touch resistance level again and then fall

2 486
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

A few days ago, price declined inside falling channel to $92100 level, after which it turned around and started to grow.

In a short time, price exited from channel and broke $99500 level, but when it started to trades in a wedge, it dropped back.

Price some time traded near $92100 level and then in a short time rose to $106500 level, breaking $99500 level again.

Then BTC exited from wedge and started to trades inside flat, but firstly it rose to $109K points and then fell back.

Inside flat, price corrected to $99500 level and then in a short time rose to $106500, after which started to fall.

I think BCT can touch resistance level one more time and then fall to $99500 level.

If this post is useful to you, you can support me with like/boost and advice in comments❤️
Trade active
Great! BTC little grew to a resistance level and then started to decline. So, I still waiting for it to reach my target (99500 level) finally.
Trade closed: target reached
WELL DONE! BTC reached my target, and even feel lower, thereby exiting from flat.

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.