angela_altair

angela_altair

The price did hit the daily resistance as expected. Though there was repeated retest of the daily+weekly support before moving up and hitting the marked resistance. The price got pushed back by the resistance and currently ranging between the daily resistance and daily support. Where to go from here, I will publish in a new post.

angela_altair

Price may hit 4h support 1 before bouncing and clearing the recent high of 1742.

angela_altair

Price closed below 4h support yesterday and then bounce to hit the 4h resistance 1 zone again. Price is likely to hit the current 4h support zone around 23736 level.

angela_altair

Yesterday evening (UTC) I expected the 4h candle to close above this 4h resistance level which would have caused the price to test the recent high and the 4h resistance 2 zone. But that did not happen as the 4h candle closed below and that caused the price to fall further. Currently we bounced back to the 4h resistance 1 zone from support area marked as the line...

angela_altair

The price has dipped below 4h support region. But the current 4h candle is still active and very likely will close above 4h support and target for the upper resistance zone marked on the chart around 24936 level.

angela_altair

The price has hit the 4h resistance 2 finally as marked on the chart. However, it seems that pushed the price back under the resistance and it is trading below the resistance. There is a very high probability that it will make another attempt to hit and break this resistance at around 0.00001400 level The previous 4h resistance (marked in chart as 4h resistance 1)...

angela_altair

Let again have a look at the monthly view. We are on the right path on the monthly resistance around 35k-37k zone. This was also mentioned in one of the posts on 29th January. There will be some pullbacks in between but I think the probability favors that the price hits the monthly resistance.

angela_altair

Weekly candle looking very strong and good. Next weekly resistance sits around 29700. Looks like price is headed first for that weekly resistance. As mentioned in one of the previous posts on jan 29th, the significant target is monthly resistance at 35k-37k range. But let us focus on the weekly first.

angela_altair Updated 

BTCUSDT likely to hit the previous 4h support area. That level is around 22666.

angela_altair Updated 

The price has closed above the 4h resistance which was holding the price back for long. This kind of clears the way for move up to the next resistance zone. That resistance might not be that strong and price can then head for the next resistance level marked on the chart. A possible price path has been depicted. However, let us go step by step and then do the...

angela_altair Updated 

It seems this guy wants to roll over to daily support 1 again. Lets watch the current 4h candle close and that will guide us. However, it seems the probability is more in the favor of it hitting the daily support again.

angela_altair Updated 

The price hit the daily support as expected in the last post and had a good bounce from the support zone. Now it has hit the 4h as well as daily resistance zone. This will push the price back to down. Let us target first the marked 4h support level around 13.20. We will reevaluate it after that.

angela_altair

The price seems to be heading to daily resistance zone 0.08950 - 0.09250. That resistance zone is definitely going to push price down at least on the first attempt by price to break it. We will see how strongly the price reacts to that resistance level and then reevaluate the probability of price action.

angela_altair Updated 

Lets have some pullback here. The price has hit 4h resistance zone. I would not consider it that strong, but still for the time being it is going to be enough effective to push price down to the next support level 1h support. Let the price come there and we will see where we go from there.

angela_altair Updated 

The last analysis post had predicted that the price will hit the daily support and bounce from there which did materialize. The price is bouncing after hitting the support. Now this bounce may go as far as the next 4h resistance level at 14.30.

angela_altair Updated 

Price shot a bit up from the expected resistance level mentioned in the last post and also depicted in the chart as L2., however, it is pushed back to the level shown on the chart as S3. Now price has a likelihood of following the step L4 which will bring the price to the level 0.00001276 again. I will assess it again when the price is there.

angela_altair Updated 

The price is likely to hit the weekly support level before a bounce. The bounce will very likely meet the 4 resistance area around 0.00001276. The price will be pushed back from this resistance very likely.

angela_altair Updated 

The price seems to be heading towards daily support at 12.36-12.66. It fell down from the 4h support level and it is highly likely that it will retest that level and close below that level There shall probably be a bounce however as soon as the price reaches 14.28 level. But it is very likely that it will result in another leg down to daily support.