CRYPTO MARKET ANALYTICSBITCOIN - Price can break resistance level and make retest
Hi guys, this is my overview BTCUSDT, feel free to check it and write your feedback in comments on TradingView (link above)
When price started to decline from $30500 point, it fell below support area and three levels.
After this BTC entered to flat, where it part times tried to rise and on second try price finally exited.
Then price made strong upward impulse to resistance area, thereby breaking $28000 level.
But when BTC reached area, it at once made correction below $28950 level to support line.
Later Bitcoin rose to area, but fell below $28950 level again and entered to rising channel.
In channel, price reached resistance area again and bounced down below $28950 level, where it continues trade now.
Possibly price can break this level, make retest or not and bounce up to $29850
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