Time Frame: 4H
Symbol: ETHUSDT
Entry: 1627.37
TP: 1484.80
SL: 1748.34
Bias: Short
We see a bearish outlook from the current context and our bias is for going short.
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 .
$BTC Maintaining $20,812-$21,791 moving range, $21,299 support in effect since last few hours, Another bearish 1D close, $20,812 still at risk of being tested.
$BTC has now spent almost 6 days in given moving range $20,812-$21,791. $21,299 given support in effect. 4H showing bearish engulfing could revisit $20,812. Continue watching given S/R areas.
$BTC $20,712-$21,791 range maintained, as expected tried to test $21,791, last 4H close not looking good. Another Bullish pin bar on 1D close from yesterday, 1H chart forming basing pattern, $21,791 breakout required.
$BTC $21,791 resistance in effect, $20,812 gave good support during weekend. $21,299-$20,812 support remains in effect. Bearish Engulfing on last 1W close, Could test $19,894 support if broke $20,812. 37 Mins to current 4H close if close above $21,450 expect $21,791 test
$BTC $22,750 support in effect the long awaited! Bearish pin bar on daily candle yesterday. $23,197 initial resistance from here, if broke below $22,750, it will become hard resistance. Watch $22,379 support.
$BTC Looks like calming down on 1D time-frame with neutral close yesterday. $23,713 support holding. Last 4H with bullish engulfing, if played out $24,690 can be retested. $24,129 resistance in effect.
Price is currently facing Resistance around the 25K$ , and sliding back down towards local support around 24.5K, If this support breaksdown we see the major support come into play which is 22K-22.5K REGION.
Short term analysis.
$BTC in wicky mood, Bearish close from Sunday on 1D chart followed by another bearish close yesterday, $23,713 support in effect, gave you $23,479-$24,969 moving range last Saturday and still remains in effect, $23,479 could be tested today.
#BTC Mighty bullish engulfing on last 1D close with bullish pin bar, Last 4H with very good climb above $24,690. $24,969 resistance retest possible. $24,690 acting support as of now. $23,479-$24,969 moving range for now.
$BTC As expected $24,690 tested, new resistance recognized at $24,969. $23,713 support in effect with $24,129 acting as initial resistance. 1D close hella bearish failed to follow thru on bearish engulfing from yesterday. Weekend could see $23,197-$22,750 come in effect
$BTC Moving towards $24,690, Last tested on 30th Jul, Perfect bullish engulfing on daily time-frame. RSI on 1D 4H and 1H just below 70, still have some strength to take it towards $24,690, Today's daily close will determine if Bullish engulfing will come into play.
$BTC $23,713 broke and currently providing support, Last 4H close with bullish pin bar, if followed thru $24,129 could be retested which is currently resisting. On 1H last close bearish and moving towards support on current 1H candle.
REASON
1)UPTREND
2)GOOD SUPPLY AND DEMAND
UP
1) in a UP trend
2) In Breakout
3) High Volatile
Signal Type: Long
SUSHI/USDT Long
Leverage: 5x-10x
◼️Entry: 1.560 - 1.464
🟢 Targets : 1.599 : 1.653 : 1.692 : 1.839 : 2.031
TRADE WITH YOUR OWN RISK
TRY BINANCE
$BTC $22,379 tested and it held just as expected. $23,197 resisting, $22,379 still remains at risk with last 1D close bearish. Weekend almost here, $22,750-$22,379 could be Support for tomorrow. Continue watching given S/R areas
$BTC $22,750 support holding good, $23,713 attempted again yesterday. $23,197 being retested right now. Last 1D close with bearish pin bar, been warning of possible $22,379 support test which is becoming more and more likely as we move through this week. Watch S/R areas 👀
$BTC HAHAHA! 😂😂😂 $22,750 being tested, if you shorted you made some 💲💲💲. Last 4H close looks bearish with engulfing but 1D close with bullish pin bar. Could hold $22,379 if dipped for a bit with fakeout, $22,750 support looks good.
