entry point at 3.23800
tp 2.4000
sl 3.600
Why? We are at the extremum of the second shoulder. I opened my position because many coins are forming an inverted pattern. I think BTC is not the only one influencing other tokens; other tokens can also influence BTC or give us clues about its next move.
Let's wait and see what happens next!
I have already earned a profit. The optimal entry point was 19.60, SL at 20.20, and TP at 18.15. I made almost 8% profit.
A confirmed breakdown below 17.90 may signal further bearish movement.
We can expect bullish movement after consolidating above the 20.00 level, but the low-risk entry point is at 21.00.
PS: The 1D and 1W timeframes show a double top pattern.
we are waiting of Bullish trend however should not overlook the possibility of a reversal
I have identified two critical levels, the breakout of which would trigger a global trend reversal
i cant to miss my profit anyway and i do some Scalping trades )))00)0
