BTCUSD is between resistance level 38322 and support level 37521.
if BTCUSD breaks and close below 37521 and the trend line, wait for pullback or retest of 37521 and go short target is 35550.
if BTCUSD fails to breaks below 37521 and the trend line and breaks above 38322 wait for retest for long position but 38322 is strong resistance level which i think BTCUSD will need some strength to break which is the reason why BTCUSD has to go down to pick up some strength.
if BTCUSD breaks and close below 37521 and the trend line, wait for pullback or retest of 37521 and go short target is 35550.
if BTCUSD fails to breaks below 37521 and the trend line and breaks above 38322 wait for retest for long position but 38322 is strong resistance level which i think BTCUSD will need some strength to break which is the reason why BTCUSD has to go down to pick up some strength.
Note
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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.