HelenP. I Bitcoin can rebound from support level and start rise
618
Hi folks today I'm prepared for you Bitcoin analytics. Recently price declined lower 25700 support level, which coincide with the support zone, to the trend line, but at once rebounded back and also started to trades in a triangle. Inside the triangle, BTC reached 26820 points and then bounced down to the trend line. After this movement, it rebounded from the trend line and made a strong impulse higher of 27200 resistance level, which coincided with the resistance zone, but soon rolled back and started to fall to the trend line. When it reached this line, the price broke it and declined below the 25700 support level, but some time ago BTC rebounded from the support zone and now it trades near the support level. In my mind, the price can make a small movement down to the support level and then rebound up to the trend line, Therefore I set up my target at 26350, which coincides with the trend line. If you like my analytics you may support me with your like/comment ❤️
🚀If you want became part of my trading team, follow all my personal trades and start making big profits in trading welcome to my paid VIP signals group, write me ✏️ bit.ly/4grtzW3
❤️ Welcome to my free telegram channel 👉🏼 bit.ly/418mk0x
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.
🚀If you want became part of my trading team, follow all my personal trades and start making big profits in trading welcome to my paid VIP signals group, write me ✏️ bit.ly/4grtzW3
❤️ Welcome to my free telegram channel 👉🏼 bit.ly/418mk0x
Also on:
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.