BITCOIN - Price can continue to decline in channel to $61100
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some days ago price declined to support level, which coincided with support area, and even broke it and fell lower.
Then price started to grow inside rising channel, where BTC soon broke $61100 level again and then made retest.
Price rose to resistance level, which coincided with resistance area, but at once made correction movement.
Next, BTC reached $71300 level one more time, made fake breakout of it, and then started to decline in falling channel.
Also now, price continues to decline inside this channel and I think Bitcoin can reach resistance line.
After this, price can bounce and continue to decline in falling channel to $61100 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some days ago price declined to support level, which coincided with support area, and even broke it and fell lower.
Then price started to grow inside rising channel, where BTC soon broke $61100 level again and then made retest.
Price rose to resistance level, which coincided with resistance area, but at once made correction movement.
Next, BTC reached $71300 level one more time, made fake breakout of it, and then started to decline in falling channel.
Also now, price continues to decline inside this channel and I think Bitcoin can reach resistance line.
After this, price can bounce and continue to decline in falling channel to $61100 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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