✴️BTCUSDT
BTCUSDT is trading in an upward price channel. I believe this channel is a local correction in a global down market. On the
chart, we can see that the price is making a false break after making new local highs at the 24200 level and gaining liquidity. The price is back in the range below the 23360 level forming a head and shoulders pattern. After the
price breaks below the 23360 level, we expect the crypto coin to start executing this pattern and possibly see a downward move. The short-term goal is the boundaries of the channel and 21650 support levels. If we can break through this channel, the main target will be 20185 support.
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