Bitcoin / TetherUS
Short
Updated

Lingrid | BTCUSDT falls to NEW Lower LOWS. Potential Short

1 330
BTCUSDT price dropped below the 90,000 level. The previous weekly candle was a big bearish one, indicating a decline of 15%. Recently, the price broke below the upward trendline and closed below the higher low indicating potential trend continuation. I think the market will continue to push lower to test the liquidity below February's low. I anticipate that the price may find support around the October highs, between 74,000 and 76,000. Overall, I expect the price to bounce off the resistance and the upward trendline. My goal is support zone around 76700.00


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Trade closed: target reached
The price touched the 76,700

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