WalterMoon

BITCOIN - Price can exit of pennant and continue grow to $68350

Long
COINBASE:BTCUSDT   Bitcoin / Tether
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in commentsđź‘Š

A not long time ago price declined to the support area, which coincided with support level, and started to trades in this area.

After few time, BTC entered to pennant, where it at once bounced from support line and made strong upward impulse.

BTC broke $51800 level and soon reached $61300 level, which coincided with one more support area.

Soon, price broke this level and rose to resistance line of pennant, after which it corrected $51800 level.

Then price some time traded near this level and a not long time ago it bounced up to resistance line of pennant.

Now price I think Bitcoin can correct to support line and then bounce up to $68350, exiting from pennant.

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