BTCUSDT 1 August Time frame: 1D
Hi traders and welcome to my channel ...
Btcusdt is still in a range in the daily chart but as you can see price touch the static resistance at 42426.50 if break this area … we expect price hit tp1:46930 and tp2:48780
but if price can't break this area ... I think create W pattern and it’s going to pull back to the neckline at 36595 then up to next level of resistance area at 46930 and 48780 for long position
For short position
if price breaks 29278
TP1:26904
TP2:22246
*Support this Idea with a like or Comments if you find it useful*
Good luck guys and be careful
Thank you
Btcusdt is still in a range in the daily chart but as you can see price touch the static resistance at 42426.50 if break this area … we expect price hit tp1:46930 and tp2:48780
but if price can't break this area ... I think create W pattern and it’s going to pull back to the neckline at 36595 then up to next level of resistance area at 46930 and 48780 for long position
For short position
if price breaks 29278
TP1:26904
TP2:22246
*Support this Idea with a like or Comments if you find it useful*
Good luck guys and be careful
Thank you
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.