WalterMoon

BITCOIN - Price can leave pennant and fall to $29700

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

A not long time ago price made correction below $30350 level, which coincide with resistance area, but soon backed up.

Next, BTC rose to $31110 point and then bounced down to support line, which is located below $30350 level.

Then price backed up again to resistance level and then started to rise inside rising channel, after which BTC declined to resistance area.

But at once price made upward impulse to resistance line, forming pennant pattern, and then started to fall to support line.

Recently price tried to back up, but failed and now trades near support line and I think Bitcoin can rise to resistance line.

Then price can bounce down, thereby exiting from pennant and continue to fall to $29700

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