Tommy_Trader

BTC Trading setup

BYBIT:BTCUSD   None
#tommy
- Here is BTC 1hr. Currently it just broke the black down channel above and at the same time it's being resisted by the purple down trendline.
- Within 6 hours, if BTC goes through some correction, 8840~8890 would be a good area to enter long.
- If we BTC gets to make higher high, we can expect some major resistance at 8090~9190.
- On the other hand, if it gets more correction, a decent support can be expected at the bottom of the orange upward channel. (Currently it's around 8700~8740).
- If this even fails to support and we see lower low, I am considering major support area around 8400~8500.

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