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BTCUSDT Perpetual Contract

$BTC 4h Timeframe Outlook

162
BTC | 4h

The main hurdle is still the monthlyOpen, as the price is rejecting here. However, we are still trading and holding the weeklyPoC

Keep an eye on the monthlyOpen. If we get rejected again, expect we rollover to 80k, or possibly down to 78k

If we flip the monthlyOpen and break the unresolved bearish imbalance at 86k, expect a move back up, retesting 90k–92k, or if we can tap the quarterlyOpen at 93k
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BTCBTCUSDBTCUSDTChart Patterns

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BTCBTCUSDBTCUSDTChart Patterns
Tealstreet
Tealstreet.io Trade Faster & Trade Easier

Content in partnership with:
twitter.com/mooncakexbt
twitter.com/huskyXBT
Also on:

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.