BTC/USDT - Large flat channel Bitcoin Patterns +20% ExitHello everyone, analyzed the BTC/USDT pair
The chart shows patterns that have already worked.
There is also a zone where the bitcoin price moves from border to border.
A large channel for the accumulation / distribution of forces between the market maker and ordinary traders.
Going beyond this flat range will provoke price movement by 18-20%.
Judging by the fact that the level of 52000 is held by a strong market maker, I can assume that the price is holding for a reset. I don’t know the future, I’m looking at the charts.
The levels of work are indicated.
"This is just my opinion, trade with your trading system."
"Have a nice day everyone and come."
Bitcoinflat
CME TARGETS WEEKS /BTCFUTURESRelevant weekly CME targets.
20395-20550
AS WELL AS
17900-17750
With 93% of one of these goals, the price reaches one of them.
You don't need to invent anything - there is a flat (I am working in it now)
For those who do not know how to work in this situation, I write -
Going beyond the border of this channel will show you the way, either update the bottom if the price is below 18500, or top. 19500 - everything between these values - FLAT
By the way, one of my long positions is now at minus 300 points. But I'm not upset, because this is the market.
You see, I look forward to further growth, although I see how everything goes down. Perhaps I became a fan of bitcoin and the number 20,000 is like candy to me.