WalterMoon

BITCOIN - Price can correct to support area 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👊

When price started to trades inside flat, it first reached $44700 level and then declined to support area, which coincided with $41200 level.

After this, BTC some time traded near this area and later rose to $44400 points, after which it made correction.

Then price made upward impulse, exiting of flat, but at once in a short time declined to $40550 points.

Also then, BTC bounced and started to trades in wedge, where it later rose to resistance line, thereby breaking $44700 level.

Recently, price bounced from this line and now it trades close to support line of wedge, and possibly Bitcoin can break this line.

Next, price will decline to support area, bounce and start to grow to $48000

If this post is useful to you, you can support me with like/boost and advice in comments❤️

💎 We are provide daily Crypto and Forex (include Gold) signals.
🔶 Free telegram channel👉 bit.ly/3ZlpPg4
🔥 VIP Signals Prices and Conditions👉 bit.ly/Vip_signals_walter
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.