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angela_altair

BTCUSDT at daily support, likely to bounce to 27096-27196

Long
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
angela_altair Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD BTCUSDT BTCUSDTPERP btcusdtidea btcusdtlong btcusdttrade btcusdtbuy btcusdtanalysis
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Our swing long idea is still active and running but here is a short term long trade idea for BTCUSDT. The price has hit the daily support DS1 and it is likely to bounce towards 4h resistance 4HR1. Therefore, a long is favorable from this support towards that resistance 4HR1. This resistance zone is sitting around 27096-27196.
Comment:
The probability of today's daily candle being green is very high. The price has been trading above the daily support for pas few days after bouncing from there a few days back. Our long trade is still active and running. Lets see what today's or tomorrow's candle brings.
snapshot

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