BITCOIN - Price can little correct and then bounce up to $55500
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to flat, where at once fell lower than $61500 level, but soon turned around and rose back.
In a short time, BTC rose to top part of flat and then made strong downward impulse, breaking $61500 level again.
Also, price exited from flat and continued to fall inside wedge, where it declined to support line of this pattern.
After this movement, Bitcoin turned around and rose from support line higher than $55500 level, breaking it.
But then, price corrected to this level and a not long time ago bounced up to resistance line.
Now, I think price can make a small correction movement, and then bounce up to $55500 level, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Recently price entered to flat, where at once fell lower than $61500 level, but soon turned around and rose back.
In a short time, BTC rose to top part of flat and then made strong downward impulse, breaking $61500 level again.
Also, price exited from flat and continued to fall inside wedge, where it declined to support line of this pattern.
After this movement, Bitcoin turned around and rose from support line higher than $55500 level, breaking it.
But then, price corrected to this level and a not long time ago bounced up to resistance line.
Now, I think price can make a small correction movement, and then bounce up to $55500 level, exiting from wedge.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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