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angela_altair

BTCUSDT at daily support, may bounce to 30636

Long
BTCUSDT Perpetual Contract (BYBIT:BTCUSDT.P)  
angela_altair Updated   
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD BTCUSDT BTCUSDTPERP btcusdtrade btcusdtlong btcusdtidea btcusdtanalysis
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The price dropped from 4h resistance 4HR2, which was our target for last long trade, to the daily support zone DS1. The price bounced from there only to revisit this support again. I think a long is suitable and favorable from this support zone again. I expect the price to again move towards 4h resistance zone 4HR1. That should be our target for this long trade.
Trade closed: target reached:
The price hit the 4h resistance zone 4HR1 according to our expectation. This was also our target for the long trade taken. The price is facing pullback from that resistance zone and currenly trading below that after the retrace. This concludes this trade and we look for another setup and opportunity in the next post.
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angela_altair
BTCUSDT at 4h support, long it to 31166-31236
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