WalterMoon

BITCOIN - Price can fall to support level and then bounce up

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

Some days ago price made upward impulse to $59100 level, which coincided with support area and soon broke this level.

Also, BTC started to move up in rising channel, where it reached resistance line, after which made correction movement.

After this, price made upward impulse to resistance line of channel, breaking $66800 level, but soon fell.

Bitcoin exited from channel and entered to triangle, in which BTC backed up to $66800 level, which coincided with support area.

A not long time ago, price exited from triangle and rose higher last ATH, but now it trades near support area.

Possibly, BTC can fall to support level, after which it turns around and starts to grow to $72000 level.

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