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Btcusdtidea

BTCUSDT likely to head up from 2h/4h supportThe long idea has made us wait really long and the short we took did not work out. The price has come back down after spiking through the daily resistance DR1. I would really have like the price to reach to the 4h support 4HS1 in order to take a long trade as originally planned. However, I do see a case for the price bouncing from 2h support 2HS1. It has done so previously and has aimed towards 4h resistance 4HR1. Its again setting up the same scenario. I might allocate some amount in this support zone and wait for the price to come to 4HS1 for the rest. Apart from this short term view, I think BTC is ready for a good move towards upside soon. The stage is kind of being set and prepared and we shall see that very soon. The medium/long term view I will share in a separate post. But in short, I think we see a bigger up move without going below our recent lows made in last days.
Long
by angela_altair
BTCUSDT heading for 4h support, long favorable from there A new long idea on this one. The price is currently trading in 4h resistance zone 4HR1. I expect the price to retrace to 4h support 4HS1 level. A long will be favorable from there towards 31396 area. There is a support around 31066 area and price may experience some bounce there but I hope that the bounce will not be big and the price will continue to retrace to the next support 4HS1 and in turn providing the entry for our long trade.
Long
by angela_altair
BTCUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. 2 possible options, in any case waiting for decline in zone ~28k, then will see. Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
BITSTAMP:BTCUSDShort
by trytofeelpositive
2
BTCUSDT at hourly resistance, likely to retraceThis short idea was originally from yesterday when the price bounced on the first hit of the daily support zone DS1, but did not have confidence to execute it. The bounce of the price was expected on both occassions when the price hit the daily support. Specially a very nice entry was there from the bottom of the support zone. I think the price is going back to the support zone again and therefore a short trade will be favorable here. The target should be the bottom of the daily support zone, 29736.
by angela_altair
BTCUSDT to head towards 4h resistance 31136-31236The 4h resistance 4HR1 is holding the price back. The price was pushed back down from that resistance zone towards 4h support 4HS1 after our last trade concluded. After that it has moved up to the resistance zone again and has attempted on LTF several times to go beyond it but everytime it has been pushed back.However, it seems that the resistance will give the way for the price to move higher towards 4h resistance 4HR2. Please keep in mind that this is a short time frame trade analysis. The price for long time frame, I will discuss that in a separate post.
Long
by angela_altair