BTCUSDT to head towards 4h resistance 31136-31236The 4h resistance 4HR1 is holding the price back. The price was pushed back down from that resistance zone towards 4h support 4HS1 after our last trade concluded. After that it has moved up to the resistance zone again and has attempted on LTF several times to go beyond it but everytime it has been pushed back.However, it seems that the resistance will give the way for the price to move higher towards 4h resistance 4HR2. Please keep in mind that this is a short time frame trade analysis. The price for long time frame, I will discuss that in a separate post.
Btcusdtbuy
BTCUSDT at 4h support, long it to 31166-31236The price has retraced from the 4h resistance zone 4HR1. Now it has hit the 4h support zone 4HS1. This can be our entry for the long trade. I expect the price to break 4h resistance 4HR1 on this attempt. Therefore lets target 4h resistance zone 4HR2 for this long trade. This resistance sits around 31166-31236.
BTCUSDT close to daily support, likely to bounce to 30636-30736The price moved according to out expectation for the last trade we took a few days ago. It did not quite reach the resistance zone target but came quite close to it. I could not provide any update after that as I was traveling. The price came back and hit the daily support which was again a level to go long. The price bounced from there and came back again when pushed down by newly formed 4h resistance zone 4HR1. The price again bounced to 4h resistance zone 4HR1 to meet the same fate. Currently the price is again heading towards daily support DS1 and likely to hit it quite soon. I think a long should be favorable again from there towards the 4h resistance 4HR1. Do you think this will work out again like other bounces from DS1 zone?
Long Position for BTCUSDT !? Try to Look simple but wise ...As you see on weekly basis chart; we broke the resistance and we will have potential to move on long position with 50K target for BTCUSDT and then maybe the skyfall down to 30K again.
Wise simplicity is a key of complex success, maybe ! :))
I wish Mr. Market also want what I have mentioned in my technical analysis ....
Not a financial advise, take your own risk, Wish you all the best.
BTCUSDT Bull Flag 4H TFScript is going ballistic and approaching its previous grand resistance level. Bull flag shows continuation to upside with projection right above the resistance. It is not going to be easy fight but lets see what price action bring us. Will BTC break previous resistance and rally up? Next week will be crucial for crypto.
BTCUSDT may head up towards 30633 zoneThe price is trading at LTF support. I think a long is favorable here towards 30633 area. The price is trading broke through the weekly resistance WR2 but came back inside the resistance zone and currently trading inside it. However, it seems the price is now ready to make another push upward at least towards the recent high it made.
BTCUSDT ready to head up towards daily resistance 27066-27236Analysis: LTF
The last long trade idea almost reached to the target but did not quite hit it. I think the price action is suggesting another long opportunity with a target towards the daily resistance this time. The price has been consolidating for long in this range between 4 resistance 4HR1 and 4h support 4HS1. The price action has been very slow with very low volatility. And soon it might be ready for the upward move. The target as mentioned in the daily resistance around 27066-27236.
BTCUSDT close to daily support, long term long is favorable hereThe price has come close to the daily support zone which we talked for HTF analysis on the first drop on 5th June. The price is still a bit short of touching the daily support. So it might dip one more time to hit it formally. But lets see.
BTCUSDT hit daily support and bouncedThe price has hit the daily support and bounced from there. Did not look at that support level as the move down happened quick. But it bounced good from the daily support level 1DS1. I will long on a revisit of the price to or around this zone towards the daily resistance.
BTCUSDT likely to head up to 26396The price has been consolidating in this range for a while. It is trading between the daily resistance and daily support zones. Currently the price seems to be heading towards daily resistance 1DR1 which is sitting around the zone 26330-26469. A long is favorable here with the target of 26396.
BTCUSDT likely to head to daily resistance 27066-27196It seems the price has retraced to the degree it required to. Its similar degree to the one from the entry of my short. I think it is likely that the price is going to head up from here with temporal retracement. If the last push to the daily resistance DR1 was impulsive then this move to the upside shall break the daily resistance DR1. However, lets have the first target of this trade as DR1 but we will evaluate whether to close or let it run based on price action if it reaches there.
BTCUSDT at LTF support and likely to bounce to 27066-27196BTCUSDT now on LTF support and the price is holding there. I believe there should be a bounce here. I have my shorts closed. And taking long at this support. The target should be the daily resistance zone which is sitting around 27066-27196. That is the resistance which sent the price down on this upward push.
BTCUSDT likely to head up for 29236 levelThis is a long shot long idea but like the last time this one is also worth trying. The price is not near the entry point but I will add a third a bit lower from here, a third on entry level and a third down from entry if the price dips and long still seems favorable. The target for this trade is 29236. The price may have pullbacks on the way at 27300, 28150, 28936. We will monitor those levels and take partial profit or come out of the trade accordingly.
Bitcoin trading signals
With the new round of attention to cryptocurrencies in the capital market, it is very likely that there will be an increase in the future, and the current trading signals are obvious.
Trading strategy:
buy@26400-26350 tp:26800-26870
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
BTCUSDT at daily support and likely to head to 27396The price was held back by 4h resistance around 27400 zone. And now it has fallen down to the daily support around 2700 zone. I expect this support to hold for now and provide a bounce to the 4h resistance zone around 27400 again. I believe a long is favorable here with a target to 27396.
BTCUSDT bounced off 4h support and may head to 4h resistanceThe price has hit the 4h support as marked on the chart and the support doing its job. The price has bounced from that support and currently trading at support resistance which also acted as a brief support during fall. The price may head for 4h resistance zone again.
BTCUSDT likely to head to next 4h resistance at 27400Yesterday the price hit the 4h resistance zone upon the bounce and was held back by this resistance. Since then it is consolidating under that resistance and likely to break it soon. The next resistance lies at 27400 zone which would be the target of the long trade which seems to be favorable right now.