BITCOIN - Price can continue to move up inside rising channel

3 janv.

Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊

Recently, price bounced from resistance level and fell to support area and even a little lower than this area.

After this, price started to trades inside wedge, where it made upward impulse to resistance line of this pattern.

BTC broke $96800 level, but soon turned around and dropped below it, breaking this level again.

Then price declined to support line of wedge, breaking $93600 level, after which started to grow in rising channel.

Price exited from wedge also and rose inside channel to resistance line, breaking $93600 level, but then corrected.

Now, I think that BTC can first correct and then continue to grow to $99300, breaking resistance level.

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

4 janv.

Transaction en cours

Great! Price reached resistance line of the channel, breaking the resistance level. But a not long time ago it made the small correction. For this case, I think that BTC will decline a little more and then continue to grow and later reach my target.

5 janv.

Trade fermée: cible de profit atteinte

BTC made the correction in the rising channel, but I still waiting when it turn around and grow to $99300 points.