HelenP. I Bitcoin will make correction and then start grow

30 mai

Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago price traded near the support level, which coincided with the support zone, and later declined to the trend line, breaking the 66900 support level. But soon, BTC turned around and made a strong impulse up to the resistance level, breaking the 66900 level one more time and even soon entered to resistance zone, breaking the 70700 level too. After this, the price in a short time declined to the trend line, which coincided with the support level, breaking the resistance level again and also starting to trades inside consolidation. In range, the price rebounded from the trend line and moved up, after which made a small correction move. Then BTC reached a resistance level, which coincided with the top part of the consolidation, and rebounded down to the trend line. Recently price broke this line and now Bitcoin trades below the trend line inside consolidation. So, I expect that BTCUSDT will almost decline to the support level, after which turn around and start to rise to the trend line. When the price reaches this line, the price can break it and continue to move up, therefore I set my goal at 69300 points. If you like my analytics you may support me with your like/comment ❤️