FirstNameHelen

HelenP. I Bitcoin can bounce down from resistance zone to $68500

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you Bitcoin analytics. A not long time ago, the price made the impulse down, thereby breaking the 70700 resistance level, but later it tried to back, after which the price continued to fall. In a short time, BTC declined to the 64000 support level, which coincided with the support zone, and even broke this level, after which it declined to the trend line. Then BTC turned around and started to trades inside the triangle, where it soon broke the support level and rose to the resistance line of this pattern, after which turned around and started to fall. Price fell to the trend line again, after which it at once rebounded and made strong impulse up to resistance level, which coincided with resistance zone, thereby exiting from the triangle. As well, BTC some time traded in the resistance zone, but a not long time ago price turned around and declined below, breaking the resistance level one more time. So, now I expect that Bitcoin will rise to the resistance zone again, after which turn around and continue to decline, therefore I set my target at the 68500 level. If you like my analytics you may support me with your like/comment ❤️

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