BTCUSDT.perp H4 Analysis
Price has been ranging since the breakout from the previous support zone of $97,400 area.
It is worth to monitor the price reaction when it comes to the resistance zone of $98,600 and support zone of $97,600 .
Price is in the uptrend movement. However, for price to continue creating Higher High, the resistance zone must be break first.
Trading ideas:
1. Buy on break of resistance.
2. Potential sell opportunity if price reject the resistance zone with powerful candlestick signals.
3. Sell on the break of support zone.
It is worth to monitor the price reaction when it comes to the resistance zone of $98,600 and support zone of $97,600 .
Price is in the uptrend movement. However, for price to continue creating Higher High, the resistance zone must be break first.
Trading ideas:
1. Buy on break of resistance.
2. Potential sell opportunity if price reject the resistance zone with powerful candlestick signals.
3. Sell on the break of support zone.
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.
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.