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AliSignals
Jul 18, 2022 10:13 AM

BTC USD 4H chart Analysis! Long

Bitcoin / US DollarBinance

Description

While there might be much more trading opportunities in the way, Shorting Bitcoin around the supply zone and Longing it at around the Strong demand zone is rational.

There are also two other lines which are weaker entry points and cautious traders should avoid them.


A safer Long trade might be after breaking the 23000 or in a reverse to lower ZONE.

A safer Short trade could perfectly be found around the Red zone in the chart

I generally like to call BTC an instrument which is more prepared for Long trades.
Comments
simpsonepic1a
Dont think so.
AliSignals
@simpsonepic1a, Thank for your comment. I will be happy to hear your idea bro. Would you please share it here?
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