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Btcusdtidea

BTCUSDT at daily support, likely to head to 66300The price retraced to daily support DS1 after getting rejected from weekly resistance WR1. Weekly resistance was supposed to push price down, specially after that level being a strong zone for liquidity. However, the daily support is a good zone for the support. The price may trade here for a while but I believe the price will bounce here at least towards 4HR1. We will see how the price reacts once it reaches 4HR1 and act accordingly. Therefore, lets try this long trade setup. Let me know what you think.
Long
by angela_altair
BTCUSDT at 4h support, likely to head towards 70kHere is a trade idea on BTCUSDT. The price has moved well from the low it had made a couple of weeks back. It has shown strength while moving up and now facing some struggle at the daily resistance and currently resting on 4h support. The price is likely to bounce from this support and head towards weekly resistance WR1 which is around 70k. Therefore, lets take this long trade. We will monitor the price action and manage the trade on the way accordingly.
Long
by angela_altair
BTCUSDT likely to be rejected from daily resistance around 64.5kThe price has dropped significantly once rejected from weekly resistance WR1. Now it has bounced from weekly support WS1 and now on the way to daily resistance DR1. I believe the price will struggle at DR1 and will be rejected towards 4HS1 at least. And therefore, this short trade idea if the price reaches towards DR1. Lets see if price manages to reach there and fill our orders. By the way, keep in mind, the price has broken important support and structures so it is full in bearish mode.
Short
by angela_altair
BTCUSDT: Heading towards $82,000Dear Traders, Price is currently making correction in daily timeframe, in our view price can drop to 62k to 63k region where we can see strong bullish pressure coming in the market. However, it is also notable that price can just reverse from the current price area that it is trading at, as price already have been dumped once to 54k and there is no strong reason that it would drop to 63k region. *If you agree with the idea then like and comment, please follow if you want to support us** Team Setupsfx_
Long
by Setupsfx_
15
BTCUSDT at daily support, likely to bounce to at least 70.5kHere is a new trade idea. The price pushed up after bouncing from weekly support and headed towards daily resistance DR1. The price however got stopped at DR1 and got pushed down immediately from there. On this drop it hit the daily support DS1 from where a bounce was likely. We already see that bounce going on. Therefore, a long from this daily support zone is favorable as the price is likely to head towards daily resistance DR1 again. Since the price has already bounced from the support, I have a small position size at the moment and I would add to my long when the price revisits this support zone again. The price has a probability to go beyond that daily resistance DR1 and aim towards weekly resistance WR1. But lets focus first on the first part.
Long
by angela_altair
BTCUSDT at daily resistance, likely to head to 64.5k-65kThe price bounced here as the zone was a weekly support zone but has come to the daily resistance zone DR1. But it seems it is likely to get pushed a bit more down. Below we have support zone DS1 and WS2. First is the daily support DS1 from where the price is likley to bounce. Therefore, a short trade is favorable here. The price is likely to land to daily support DS1. This DS1 zone is lying around 64.5k to 65 k area. I
Short
by angela_altair
1
BTCUSDT to hit resistance around 70.5k and drop towards 67k Here is a new short trade idea. The price has been pushing up after the last big drop around 5 percent. The price found support around 68.5k zone and since then it is pushing up slowly. This push has been really slow and likely to reach till the low TF resistance LTFR1. I expect that the resistance there would make the upward push of the price to stop and then push it downwards. This rejection of the price at that resistance level will lead the price to look towards the next support on its way down. The next major support is weekly support around 66.7k-67.7k. Therefore, a short trade favorable from there towards weekly support WS1 around 67k.
Short
by angela_altair
$BTC TOWARD $80,000 ?👨🏻‍💻 CRYPTOCAP:BTC UPDATE #BTC is trying to break its major resistance area of $72,000 to $73,000. It has been rejected multiple times from this area, and if it happens again, we could see the price drop back to its important support level of $68,000. However, ETF volume is increasing, which might help Bitcoin break through this resistance. - - - - - - - - - - - - - - - - - - - - - - Follow #CryptoEase and Share it With Your Crypto Mate 😉 BITSTAMP:BTCUSD
COINBASE:BTCUSDLong
by CRIPTOEASE