BITCOIN - Price can break support level and fall to $58000
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 bounced from resistance level, which coincided with resistance area, and fell to $60300 level.
After this, BTC started to rise inside wedge, where in a short time rose to resistance line from support line.
But then price turned around and made downward impulse from resistance line to support line of wedge and even fell lower.
BTC exited from this pattern and declined to $56550 points, breaking $60300 level, after which started to grow.
Also, price rose inside pennant, in which BTC broke $60300 level again and later reached resistance line.
Recently price fell to support line, but now I think Bitcoin can exit from pennant, break support level and fall to $58000
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A not long time ago price bounced from resistance level, which coincided with resistance area, and fell to $60300 level.
After this, BTC started to rise inside wedge, where in a short time rose to resistance line from support line.
But then price turned around and made downward impulse from resistance line to support line of wedge and even fell lower.
BTC exited from this pattern and declined to $56550 points, breaking $60300 level, after which started to grow.
Also, price rose inside pennant, in which BTC broke $60300 level again and later reached resistance line.
Recently price fell to support line, but now I think Bitcoin can exit from pennant, break support level and fall to $58000
If this post is useful to you, you can support me with like/boost and advice in comments❤️