BITCOIN - Price can make retest of support line, and bounce up
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to flat, where it tried to rise, but a short time later declined to $41600 support level.
After this, BTC some time traded near this level, which coincided with support area, and then bounced and started to rise.
Price rose to resistance level, but at once bounced back and then made strong upward impulse to resistance line.
Also, BTC exited from flat, breaking $45800 level, but soon price bounced from resistance line and made impulse down.
When price declined to support level, it broke $45800 level one more time, after which BTC bounced up and broke resistance line too.
Now, I think Bitcoin will make retest, after breakout, and then continue move up to $44700
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to flat, where it tried to rise, but a short time later declined to $41600 support level.
After this, BTC some time traded near this level, which coincided with support area, and then bounced and started to rise.
Price rose to resistance level, but at once bounced back and then made strong upward impulse to resistance line.
Also, BTC exited from flat, breaking $45800 level, but soon price bounced from resistance line and made impulse down.
When price declined to support level, it broke $45800 level one more time, after which BTC bounced up and broke resistance line too.
Now, I think Bitcoin will make retest, after breakout, and then continue move up to $44700
If this post is useful to you, you can support me with like/boost and advice in comments❤️