HelenP. I Bitcoin can enter to resistance zone and then drop

2 days ago

Hi folks today I'm prepared for you Bitcoin analytics. A few moments ago, the price rebounded from the trend line and started to grow to the support level, and when the price reached this level it some time traded in the support zone. Later BTC broke the 90500 level and started to trades inside consolidation, where it little more time traded near the support level and then rebounded up to the resistance level. After this, the price rebounded from that level, which coincided with the top part of the range with the resistance zone, and made a correction to the support level. Then, BTC bounced from the support level and soon backed up to almost the 99500 resistance level. Next, the price repeated movement and later broke the resistance level, exiting from consolidation and even rising higher than the resistance zone. But soon, the price turned around and dropped to the trend line, breaking the resistance level one more time, after which at once rose back to this level. Now, the price continues to trades very close to the resistance level, so, I expect that BTCUSDT will enter to resistance zone and then drop to the trend line. That's why I set my goal at 94700 points, which coincides with this line. If you like my analytics you may support me with your like/comment ❤️

yesterday

Trade active

After looking at the chart, I see that BTC made a correction movement but soon backed up. For this case, I expect that BTC will rise to the resistance zone and then drop to my goal and even lower: