Bitcoin can break support line of wedge and continue to fall
1908
Hello traders, I want share with you my opinion about Bitcoin. Watching the graph, we can see how Bitcoin has been moving in an uptrend for a long time. The price formed a support area 24375-23900, from which it continued to move uphill and broke through the resistance level.We can also see how over time the price has created an upward wedge and is traded inside. Inside the wedge, price formed resistance area 28200-28500, which has price been retested and start to decline. Currently, the price is trading below the resistance area and may continue to fall and break through the support line of wedge.I think that after a possible breakdown of the support line, the price can continue to go down, so I set 2 goals. First goal at level 27150 and next goal at support level 26100. Please share this idea with your friends and click Boost 🚀
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.