Lingrid | BITCOIN made deeper PULLBACK

BTCUSDT formed a range zone and broke it downside. The market is heading towards the round support level of 60000. If you look at the monthly timeframe, you'll see that price action is testing 50% of the previous weekly candle. I think the market will bounce off the support level and move upward toward the channel border. This support level was respected many times before, so there is a is a higher chance that the market will respect the level again. I expect the market to retest the channel border as well as the middle of the range zone. My goal is a resistance zone at 63500.00


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

Trade closed: target reached:

The target zone reached