FirstNameHelen

HelenP. I Bitcoin can make upward impulse from trend line

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you Bitcoin analytics. Some days ago price rebounded from the trend line and started to trades in a wedge, where it in a short time reached the support level, which is located inside the support zone. After this, BTC broke this level and made impulse up higher than the 43500 resistance level, and some time traded inside the resistance zone, after which Bitcoin fell back to the support level. Then price some time traded between 43500 and 40500 levels and at the last time it rebounded from the support level to the resistance zone, where BTC started to trades again. But a not long time ago, the price broke the resistance level and declined below. Now, the price trades near the trend line and I expect that Bitcoin can decline finally to the trend line, which coincides with the support line of the wedge, and then make an impulse up to the resistance line of the wedge, thereby breaking resistance level. Therefore I set my target at the 44250 level. If you like my analytics you may support me with your like/comment ❤️

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