BTCUSDT Strong Push back up to retest resistance
Hi Traders what do think about BTCUSDT given suggestion in comments.
BTC/USDT Price expecting a pullback after the price reaches 105K If you’re looking for a buying opportunity, you could consider waiting for a rejection near 102K as a potential entry point, provided the price shows signs of reversal around that level.
A few things to watch for on the 1H timeframe:
1. Price action around 102K: Look for the support at this level that suggests a reversal, like a hammer or bullish engulfing).
2.Resistance Zone if the price will up from 102K, that could indicate a strong push back up to retest resistance at 110K.
If the price breaks above 110K, you could look for higher targets, but a rejection at that level might lead to another pullback. Keep an eye on the price action as it approaches both 102K and 110K for clearer signals.
if you like this analysis please support my work and fallow thanks for Love.
BTC/USDT Price expecting a pullback after the price reaches 105K If you’re looking for a buying opportunity, you could consider waiting for a rejection near 102K as a potential entry point, provided the price shows signs of reversal around that level.
A few things to watch for on the 1H timeframe:
1. Price action around 102K: Look for the support at this level that suggests a reversal, like a hammer or bullish engulfing).
2.Resistance Zone if the price will up from 102K, that could indicate a strong push back up to retest resistance at 110K.
If the price breaks above 110K, you could look for higher targets, but a rejection at that level might lead to another pullback. Keep an eye on the price action as it approaches both 102K and 110K for clearer signals.
if you like this analysis please support my work and fallow thanks for Love.
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Join my Telegram channel
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t.me/+SFFwl7TAPDhkZDA0
Contact For Learning
t.me/GOLDFREESIGNALS134
Related publications
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.