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angela_altair

BTCUSDT heading for 4h support, long favorable from there

Long
BTCUSDT Perpetual Contract (BYBIT:BTCUSDT.P)  
angela_altair  
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD BTCUSDT btcusdtlong BTCUSDTPERP btcusdtidea btcusdtbuy btcusdtanalysis btcusdttrade
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trendanalysis chartpattern indicator btc btcusd btcusdt btcusdtlong btcusdtperp btcusdtidea btcusdtbuy btcusdtanalysis btcusdttrade
A new long idea on this one. The price is currently trading in 4h resistance zone 4HR1. I expect the price to retrace to 4h support 4HS1 level. A long will be favorable from there towards 31396 area. There is a support around 31066 area and price may experience some bounce there but I hope that the bounce will not be big and the price will continue to retrace to the next support 4HS1 and in turn providing the entry for our long trade.

Related Ideas

angela_altair
BTCUSDT at 4h support, likely to head to at least 31166
angela_altair
BTCUSDT back to previous resistance, likely to head up to 31236
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