BTCUSDT - 4H Time Frame
1. Price may trade within the relevant support of $41,200 and Relevant Resistance of around $43,900.
2. If the price breaks the relevant resistance, price might go upward going to the resistance of $46,500, tracing the 23% Fibo Line.
3. Indicators showing bullish signal.
4. Worst case will be the price may still consolidate and bounce back down to the $41,000 before it will go up. (low chances only)
1. Price may trade within the relevant support of $41,200 and Relevant Resistance of around $43,900.
2. If the price breaks the relevant resistance, price might go upward going to the resistance of $46,500, tracing the 23% Fibo Line.
3. Indicators showing bullish signal.
4. Worst case will be the price may still consolidate and bounce back down to the $41,000 before it will go up. (low chances only)