FirstNameHelen

HelenP. I Bitcoin can continue to grow in upward channel

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price traded in the support zone, which coincided with the 36700 support level and soon price declined to the trend line, and then bounced up, breaking this level. Next, BTC started to rise in an upward channel, where it rebounded from the trend line and made an impulse up to the 44400 resistance level, which coincided with the resistance zone. But when it reached this level, BTC bounced and corrected to the trend line, which coincided with the support line of the upward channel. After this, Bitcoin rebounded from this line and rose back to 44400 resistance level, but recently it rolled down and now price trades near this level. I expect that Bitcoin can rise to the resistance level again, but this time it can break it and then continue to move up, or firstly, after the breakout, the price can make a retest and only then BTC continue to move up. That's why I set up my target at the 46500 level. If you like my analytics you may support me with your like/comment ❤️

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