BITCOIN - Price can bounce up from support area to $52800 level
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
A not long time ago price entered to rising channel, where it soon rose to support level, which is located in support area.
Soon, BTC broke this level and continued moving up in channel to $51250 level, which a few moments later price broke.
Then price rose to resistance line and then made correction back, after which it exited from channel and entered to flat.
In flat, Bitcoin rose to top part from support area, but recently price bounced and declined back to this area, breaking $51250 level.
Now, BTC continues to trades in this area and I think Bitcoin can decline a little more, after which bounce up to $52800
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A not long time ago price entered to rising channel, where it soon rose to support level, which is located in support area.
Soon, BTC broke this level and continued moving up in channel to $51250 level, which a few moments later price broke.
Then price rose to resistance line and then made correction back, after which it exited from channel and entered to flat.
In flat, Bitcoin rose to top part from support area, but recently price bounced and declined back to this area, breaking $51250 level.
Now, BTC continues to trades in this area and I think Bitcoin can decline a little more, after which bounce up to $52800
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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