FirstNameHelen

HelenP. I Bitcoin can decline from resistance zone to trend line

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you Euro analytics. If we look at the chart, we can see how the price a not long time ago made impulse down to the trend line, breaking the support level, which coincided with the support zone, but soon BTC turned around and rose back, breaking the 65000 level again. Then price made a little correction and continued to move up to the resistance level, which coincided with the resistance zone, and when Bitcoin reached this level, it some time traded near the 71300 level. After this, the price made impulse down to the support level, which coincided with the trend line and at once bounced up, then continued to move up close to this line. Some time later BTC reached a resistance level and even rose higher it, but soon turned around and made impulse down, breaking the 71300 resistance level one more time. But a not long time ago price rose back to this level and now trades close. So, I expect that Bitcoin will enter to resistance zone, after which the price will rebound down to the trend line. That's why I set my target at the 68000 level. If you like my analytics you may support me with your like/comment ❤️

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