BTCUSDT made a sharp downward spike before the market stabilized. Prior to this movement, the price formed a triangle pattern. Currently, the price is pulling back to retest the midpoint of the pattern, which often acts as a support and resistance zone. On the daily timeframe, the market dipped below the previous daily low, indicating a potential upward movement. If the market successfully rejects the support level and the downward trendline, we can anticipate a price increase that could potentially test the upper boundary of the channel. My goal isresistance zone around 105,000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
トレード終了: 利益確定目標に到達
The price moved up beautifully and reached TP. It was perfect entry as well.