WalterMoon

BITCOIN - Price can continue to fall and break support level

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

Inside from rising channel price bounced of support area and rose to $27500 level.

But at once BTC started to decline and entered to flat, where it backed up to area.

Then price bounced up to resistance level, which coincide with resistance line and made downward impulse to support line.

Thereby exited from flat, broke $26535 level, and entered to wedge, where Bitcoin started to rise.

As well later, price rose higher of two resistance levels and made fake breakout, but soon fell back and exited from wedge.

And now Bitcoin trades close support area and I think it can continue to decline and try to break support level.

Also then price can make retest or not and bounce lower to $26125

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
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.