Lingrid | BITCOIN just formed the MOST POWERFUL Bullish setup

2024年8月5日

The market has plunged following the postponed decision on interest rate cuts. Despite this, I remain optimistic about BTCUSDT, as I believe the market is in the process of developing a very bullish setup in history. This setup resembles a triangular pattern and downside breakout of it about 20-30% before an impulsive move upward. Currently, we are observing a triangle pattern, with the price approximately 30% below the resistance zone and approaching a strong support level at 50,000. I anticipate that the market to rebound from this support level, as we've already witnessed signs of rejection. My target is resistance level at 61500.


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

2024年8月9日

交易結束：目標達成

BTC hit target level