Lingrid | BITCOIN trend CONTINUATION Pattern Formed
2024-11-18

The price perfectly fulfilled my last idea. It hit the target level.  BINANCE:BTCUSDT  market has formed a triangle pattern, which is a trend continuation formation. The price is making higher lows, indicating strong buying pressure. Previously, it reached an all-time high (ATH) of around 93,000 then rebounded from it. If you notice, the price has consistently been testing and bouncing off the support level of 90,000, which appears to be a significant level and respecting the upward trendline. I anticipate that the price to make a new ATH since it broke through the channel and play out the triangle pattern. My goal is resistance zone around 95,000.



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