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BTCUSDT Daily S/R| Price Action| Trend| Support
BTCUSD Perpetual Contract
Long
BTCUSDT Daily S/R| Price Action| Trend| Support
By AzizKhanZamani
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Jul 19, 2021
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Jul 19, 2021
Evening Traders,
Today’s analysis – BTCUSD- trading towards a key support that has a probability of breaking bullish,
Points to consider,
- Price Action corrective
- Daily S/R Support
- Low Volume
- Rotation
BTCUSD’s immediate price action is trading at a key support allowing for a bullish directional bias.
The current price action is correction where a rotation towards the high is probable.
The current volume is below average, an influx will allow for following and momentum.
Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Once you find the system that works for your style/personality and confidence is gained, wash, rinse, repeat over and over again.” – Sunrisetrader
Chart Patterns
Technical Indicators
LONG
priceaction
Relative Strength Index (RSI)
short
stocahstics
support
Support and Resistance
trend
Trend Analysis
AzizKhanZamani
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