BTCUSDT at daily support, likely to bounce towards 103500
The price has come down to daily support DS1. There is a likelihood that the price will find support here and will bounce. A long trade is favorable here from probability point of view. The target of this trade should be around 103.5k. There we have a resistance and the price may face struggle to cross that region and eventually retrace from there.
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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.