BTCUSDT.P HELLO TRADERS
- Tendency , the price inside two turning level at 65,475 & 63,714 .
- TURNING LEVEL (1) : the price of this level at 65,475 , so if the price breaking this level reach a resistance level (1) .
- TURNING LEVEL (2) : the price of this level at 63,714 , so if the price breaking this level reach a support level (1) .
- RESISTANCE LEVEL (1) : this level around 68,149 , for reach this resistance level the price need breaking a turning level (1) .
- RESISTANCE LEVEL (2) : around 71,671 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) .
- SUPPORT LEVEL (1) : this level around 60,758 , for reach this support level the price need breaking a turning level (2) .
- SUPPORT LEVEL (2) : support level at 56,890 , for reach this level will be breaking by open 4h candle below support level (1) .
- CORRECTIVE LEVEL : currently price 63,994 , have two scenario , first corrective 65,475 , before dropping to touch a 63,714 , then 60,758, second corrective 63,714 to reach a 65,475 , then breaking this level reach a resistance level (1).
TARGET LEVEL :
- RESISTANCE LEVEL : 68,149, 71,671.
- SUPPORT LEVEL : 60,758 , 56,890 .
Trade active
as mentioned , breaking turning level (1) , indicates to reach a resistance level (1) , know breaking this level it will trying to reach resistance level (1) , then breaking this level reach a resistance level (2) , may be have a retest to turning level (1) before rising .
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Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.