HelenP. I Bitcoin can reach resistance zone and then bounce down

19 Haz

Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price rose to resistance 2, which coincided with the resistance zone, and at once rebounded and made little correction movement, after which it continued to grow. BTC quickly reached resistance 2 again, but this time it broke it and then reached the trend line, after which started to decline inside the wedge. Inside the wedge, the price broke resistance 2 one more time and fell until to resistance 1, which coincided with one more resistance zone, after which at once rebounded up to the trend line, which is the resistance line of the wedge as well. Next, BTCUSDT made an impulse down, breaking resistance 1, and fell to the support line of the wedge. Then it rebounded and entered to resistance zone, where it some time traded and later fell back to the support line of the wedge. A not long time ago price rebounded and started to grow, therefore I expect that BTC will reach the resistance zone again and then continue to decline inside the wedge to support line. That's why I set my goal at 63400 points. If you like my analytics you may support me with your like/comment ❤️