Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price bounced from resistance area and made a little movement up, after which started to decline in falling channel.
In channel, BTC first fell below $69250 level, but soon backed up and later reached resistance line.
Soon, price turned around and made downward impulse to $61400 support level, thereby breaking $69250 level.
Next, BTC bounced from support level, which coincided with support area, and rose a little up but soon fell back.
Also, price made fake breakout of $61400 level, after which turned around and started to move up.
Now, I think that Bitcoin can reach resistance line of channel and then start to decline to $61400 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price bounced from resistance area and made a little movement up, after which started to decline in falling channel.
In channel, BTC first fell below $69250 level, but soon backed up and later reached resistance line.
Soon, price turned around and made downward impulse to $61400 support level, thereby breaking $69250 level.
Next, BTC bounced from support level, which coincided with support area, and rose a little up but soon fell back.
Also, price made fake breakout of $61400 level, after which turned around and started to move up.
Now, I think that Bitcoin can reach resistance line of channel and then start to decline to $61400 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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