Lingrid | BITCOIN Continues to Move SIDEWAYS

3 days ago

BTCUSDT market made a false breakout of the resistance zone, subsequently forming a triangle pattern below the major resistance level. It also broke below the previous week's low, leading me to believe that the price may be aiming to take liquidity from this area before moving to higher levels. The market has rolled back into a consolidation zone that has persisted for two months. As we approach the end of this month, there is potential for the market to initiate a bull run. This market often forms triangle patterns, and I suspect that a fakey pattern may develop. A fakey pattern typically involves a breakout of the triangle pattern, followed by a trending move in the opposite direction. My goal is resistance zone around 103260

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

2 days ago

Trade closed: target reached

The price hit TP