HelenP. I Bitcoin will make small move up and then continue fall
Updated
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price rose to resistance 2, which coincided with the resistance zone and broke this level. Then it rose a little higher than the resistance zone and some time traded near until it reached the trend line and then BTC started to decline. In a short time price declined to resistance 1, which coincided with one more resistance zone, breaking resistance 2. As well, the price started to trades inside the wedge, where it rebounded from resistance 1 and tried to grow, but failed and soon dropped back. Some time later BTC fell to the resistance zone and at once rebounded to the trend line, which is the resistance line of the wedge also, and then declined to the support line of the wedge, breaking resistance 1. Recently price bounced up to this level and tried to break it, but failed and now trades below. In my mind, BTCUSDT will make a small movement up and then continue to decline to support line of the wedge. Therefore I set my goal at 54800 points. If you like my analytics you may support me with your like/comment ❤️
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BTC declined as I showed, so, I expect that it can make a correction movement up to the trend line and then continue to decline to $54100 points:
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BTC dropped, as I said, even lower my initial target. Now I expect that BTC will make small movement up and then continue to decline to $52100:
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I'm still waiting when BTC continues to declineDisclaimer
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