Bitcoin can rebound up from support level to resistance line

Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price a few moments ago declined to the 29100 - 29000 buyer zone, which coincides with the support level, thereby entering to the range. In range later BTC declined to the bottom part and even made a fake breakout, but at once rebounded up and made a strong impulse up to 29700 resistance level. Also, the price exited from range and soon broke the 29700 level and rose to 30250 point. After his price fell to the seller zone, where later entered to downward channel, in which Bitcoin broke the 29700 resistance level and fall to the support line of the channel. Price continue to decline, but recently it bounced from the support line of the channel and made a fake breakout of the resistance line and in a short time back up to the downward channel, and at the moment BTC trades near the 29100 support level inside the downward channel. Probably, Bitcoin can continue to fall to the support level and then it rebounds from this level and start to rise to the resistance line. Therefore I set my target at the 29450 level, which coincides with the resistance line, of the downward channel. Please share this idea with your friends and click Boost 🚀