HelenP.BTC trades in channel and can rise to resistance line

23 במרץ 2023

Hi folks, today I'm prepared for you BITCOIN analytics. After the formation of the local bottom, Bitcoin begin to grow and broke through resistance at the level 22615. Price continued to move up, and over time was created an upward channel. Inside the channel, the price formed a resistance zone, and fell to the support 2, which coincide with the support line of the channel. Bitcoin failed to break through the support of channel and price begin to grow. Now the price is trading below the resistance zone, but may continue to rise and break through it. Therefore, goals for BITCOIN will be set in resistance zone 28385-28875 and at level 30000 corresponding to resistance line of channel. If you like my analytics, you can support me with your like/comment ❤️