Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago price entered to pennant, where at once made an upward impulse to resistance area from support line.
After this movement, BTC turned around and in a short time declined to this line, making a fake breakout of $72750 level.
Soon, price exited from pennant and fell to support area, after which it turned around and started to grow in rising channel.
In this channel, Bitcoin rose to $72750 level again and then made a downward impulse to $61900 support level.
Also price exited from rising channel and now BTC still trading near support level and I think price can fall to it.
Then Bitcoin can turn around, after declining, and start to move up to $67000 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price entered to pennant, where at once made an upward impulse to resistance area from support line.
After this movement, BTC turned around and in a short time declined to this line, making a fake breakout of $72750 level.
Soon, price exited from pennant and fell to support area, after which it turned around and started to grow in rising channel.
In this channel, Bitcoin rose to $72750 level again and then made a downward impulse to $61900 support level.
Also price exited from rising channel and now BTC still trading near support level and I think price can fall to it.
Then Bitcoin can turn around, after declining, and start to move up to $67000 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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