BITCOIN - Price can make correction and then continue to move up
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š
Recently price entered to wedge, where it at once bounced from resistance line to support line.
Soon, BTC turned around and in a short time rose higher than $57000 level, breaking it and then making retest of this level.
Next, price continued to move up and later reached $65600 level, which coincided with support area.
Bitcoin first made a small correction movement, and then broke this level and rose to resistance line of wedge.
After this movement, price made a correction to support line, but not a long time ago backed up.
Now, I think price can make correction to support area and then continue to grow to $69900 resistance line of wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to wedge, where it at once bounced from resistance line to support line.
Soon, BTC turned around and in a short time rose higher than $57000 level, breaking it and then making retest of this level.
Next, price continued to move up and later reached $65600 level, which coincided with support area.
Bitcoin first made a small correction movement, and then broke this level and rose to resistance line of wedge.
After this movement, price made a correction to support line, but not a long time ago backed up.
Now, I think price can make correction to support area and then continue to grow to $69900 resistance line of wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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