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WalterMoon
20 Mac 2024 pukul 11.56

BITCOIN - Price can reach resistance area and then bounce down Singkat

Bitcoin / TetherCoinbase

Huraian

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Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š

Recently, the price entered to rising channel, where it bounced from $65800 level and started to move up.

Later BTC made correction to support line of channel and then made upward impulse to resistance line, breaking $71300 level.

After this, it turned around and entered to wedge, where price soon broke $71300 level again and also left channel.

Then BTC declined to $65800 level, after which it bounced and rose to resistance line, but soon bounced down.

In a short time price broke $65800 level and fell to support line of wedge, and recently it bounced up.

Possibly, Bitcoin can reach resistance area and then it will decline back to $60000 support line.

If this post is useful to you, you can support me with like/boost and advice in comments❤️
Komen
KaltoireCapital
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I agree with your views, some amount of profit taking and pullback is likely in bitcoin
MyCryptoParadise_Nathan
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what are you expecting now? Can that resistant act as support now
ceciliones
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clear and helpful chart
Lebih