HelenP. I Bitcoin can correct to support level and start to rise

Hi folks today I'm prepared for you Bitcoin analytics. Some days ago price reached the 70000 resistance level, which coincided with the resistance zone, but at once turned around and in a short time declined to the 62000 support level and even lower support zone, reaching the trend line. After this, BTC soon rebounded up, breaking the support level again, and tried to rise, but failed and fell back, after which turned around and started to trades in the wedge. Inside this pattern, Bitcoin rose to a resistance level and even later entered to resistance zone. where the price some time traded and then declined to the trend line. Later, the price rebounded from this line and made a strong impulse up to the resistance line of the wedge, thereby breaking the resistance level again. But soon, BTC turned around and in a short time backed up to the trend line breaking the 70000 level one more time. Soon, price broke this line too, exiting from wedge pattern, and then declined to the support level, which at the moment still trades close. So, in my mind, Bitcoin will decline to support level again and then start to move up, therefore I set my target at the 66000 level. If you like my analytics you may support me with your like/comment ❤️

評論:

Great! So, BTC fell to the support level and started to move up, as I showed, for this case, I think the price will repeat correction movement to almost the support level and then continue to grow to my target ($66000)