Professional analysis strategy signals
2024-10-31

If we look at the chart, we can see that the price first fell to support level 2, which coincides with the support area, and then immediately rebounded. After BTC rose a little, it turned around and fell to the trend line, and then began to rise, falsely breaking through support level 2. Later, BTC rose to support level 1 for a short period of time, which coincides with the support area, and even entered this area, but soon turned around and fell to the trend line. Soon, the price broke through this line, and then began to rise below the trend line until it reached support level 1, after which BTC rebounded and fell again. After the price pulled back, it turned around and quickly rose to support level 1, broke through this level, and continued to rise to the trend line. When the price reached this line, it broke through it, and then rose a little, but recently turned around and fell to this line. Now, the price is rising near the trend line, and I expect BTCUSDT to rise a little, then fall to the support area and break through the trend line. That's why I set the target at 69300 points.