Lingrid

Lingrid | BITCOIN forms Lower LOWS. SHORT

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
The price perfectly fulfilled my last idea. It hit the target level. BTCUSDT market has been making lower lows and lower closes. Recently, it broke through the support level at 63000. I think the market might push down the support level at 61000 because, on the daily timeframe, we have a long-tailed bar indicating a liquidity grab. I think the market may move lower because, if you look at the price action, you can see that the market is pulling back, then breaking through it, forming an impulse move. I expect the price to retest the downward channel. My goal is a support level at 61200.


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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