BITCOIN - Price can bounce up from support line of wedge

29 Kas

Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

A few moments ago price entered to wedge, where it bounced from support line and started to grow.

In a short time, BTC reached the $90700 level, which coincided with the support area, and started trading below it.

Soon, price broke this level and rose to resistance line of wedge, but then BTC turned around and fell back.

Next, price finally broke $90700 level and later made retet, after which bounced and continued to grow.

Later it rose to resistance line of wedge again but then corrected to support line, after which started to rise recently.

Now, I think that price can fall to support line of wedge one more time and then bounce up to $104000

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30 Kas

İşlem aktif

Okay, price almost declined to support line of the wedge. For this reason, I continue to wait, when BTC bounces from this line and starts to grow to my target.