This is an educational idea only, do not take it as investment advice.
There is a Butterfly pattern formation in the BTCUSDT trade. If Price closes above 27477, we can see an up move till 31000.
Let us connect and discuss more possibilities on day to day basis.
This is an educational idea only, do not take it as investment advice.
BTCUSDT looks range bound. If falls below 25800 we can see a fall upto 19800, if bounced back from 25800 we can see a rise upto 31000.
Let us connect and discuss more possibilities on day to day basis.
Time Frame: 4H
Symbol: BTCUSDT
Bias: Neutral
We do not have any bias for this instrument. We are neutral till we get a directional bias either for long or short.
Time Frame: 4H
Symbol: BTCUSDT
Entry: 19824.52
TP: 18490.74
SL: 20645.31
Bias: Short
The current dynamic support and resistance is denoting a bearish bias.
Time Frame: 4H
Symbol: BTCUSDT
Entry: 19878.01
TP: 18792.07
SL: 20692.46
Bias: Short
Current bias is bearish and we are looking for a short opportunity.
Time Frame: 4H
Symbol: BTCUSDT
Bias: Neutral
We do not suggest any directional bias for this instrument. We have to wait for a better opportunity. If no opportunity is visible ,the truth is that no opportunity exists .
