Bitcoin Analysis==>>Bull Trap==>>Short term

Sep 23, 2024

Bitcoin is moving near the Resistance zone($64,140-$63,820) and 200_SMA(Daily).

I expect Bitcoin to at least drop to the Support zone($62,720-$62,350) after it passes a Bull Trap. And if the Support zone($62,720-$62,350) breaks, we should wait for Bitcoin to attack the lower line of the ascending channel.

Note: If Bitcoin breaks the Resistance zone($64,140-$63,820), we can expect more pump to the next Resistance zone($66,130-$64,900)

Bitcoin Analyze (BTCUSDT), 15-minute frame⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.

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Sep 24, 2024

Trade active

Trade was activated

And BTC touched the support zone as I expected.

Sep 24, 2024

Trade closed: target reached

First Target Done