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BTC USDT DAY TRADING IDEA - 26 SEP
Bitcoin/Tether
Short
BTC USDT DAY TRADING IDEA - 26 SEP
By lesnermj
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Updated
Sep 28, 2023
3
Cheer
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Sep 26, 2023
Trendline on the monthly timeframe is respected
Going down to the day, BTC looks like it's poised to retest the month trendline.
However, on the 4 hour, resistance wick is formed below Day support.
2 possible options:
a) Price retest the region of the month's trendline and reverse
b) Price respects day support resist and heads down to
Profit 1 zone: 26020
Profit 2 zone: 25768
Timeframe of strategy playout - 1 to 2 days
Sep 28, 2023
Comment
TRENDLINE RETESTED
Break below day support forming.
BTCUSDT
Chart Patterns
okx
okxexchange
okxideas
Support and Resistance
Technical Analysis
Trend Analysis
lesnermj
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