HelenP. I Bitcoin will make small move down and then start grow
Updated
Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago price declined to the resistance level, which coincided with the resistance zone, and some time traded inside, after which rebounded up to 63900 points. After this movement, the price turned around and started to decline inside the downward pennant, where it soon broke the resistance level and fell firstly to the support level, which coincided with the support zone. Soon, BTC broke the 55400 level and fell to the trend line, but then it at once rebounded and rose back, making a fake breakout of a support level. Then price rose a little more and made a correction to the support zone. After this movement, BTC rebounded and rose to the resistance line of the pennant and recently exited from this pattern. Also, it made a retest and now I expect that BTCUSDT will make a small movement down and then start to grow to the resistance level. That's why I set my goal at the 60700 level. If you like my analytics you may support me with your like/comment ❤️
Comment
Great! BTCUSDT made an upward movement as I showed. Now I expect that it can make small correction movement and then continue to grow to resistance level: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.