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angela_altair

BTCUSDT to head down towards 4h support around 30636

Short
BTCUSDT Perpetual Contract (BYBIT:BTCUSDT.P)  
angela_altair Updated   
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators BTCUSDT BTCUSDTPERP btcusdtidea btcusdtshort btcusdtanalysis btcusdttrade btcusdtsell
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The price has been pushed back by the 4h resistance 4HR2. That was a level to take a short, on the retest of the resistance after initial push down, and that was favored probabilistically. However, we have yet another chance to take a short from the retest of the 4h resistance zone from LTF reistance. The price is expected to head towards the next support level 4HS1 around 30636.
Trade closed: target reached:
So we have hit our target where the price pulled back to the 4h support zone 4HS1. This concludes this trade. The price bounced from that support as per our expectation. We will look for a new setup tomorrow.
snapshot

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angela_altair
BTCUSDT heading to daily support, long favorable from there
angela_altair
BTCUSDT to head towards 4h resistance 31136-31236
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