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saeedmp
1 de Ago. de 2021 17:34

BTCUSDT 1 August Time frame: 1D 

Bitcoin / TetherUSBinance

Descripción

Hi traders and welcome to my channel ...
Btcusdt is still in a range in the daily chart but as you can see price touch the static resistance at 42426.50 if break this area … we expect price hit tp1:46930 and tp2:48780
but if price can't break this area ... I think create W pattern and it’s going to pull back to the neckline at 36595 then up to next level of resistance area at 46930 and 48780 for long position
For short position
if price breaks 29278
TP1:26904
TP2:22246

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Good luck guys and be careful
Thank you
Comentarios
AvenueWork
Nice chart
saeedmp
Mihai_Iacob
Good analysis.Thanks for sharing
saeedmp
@OptimoomFX, thank you
ich1baN
Excellent - what are your thoughts now that it looks like correction has started? Still 36.6k as the next likely low/support ? Thanks.
saeedmp
@ich1baN, thanks , yeah correction started and i expect reaction to the neckline as support for entry...
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