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INJUSDT at weekly resistance, likely to pullback before rise
INJUSDT
, 1W
INJUSDT: INJUSDT at weekly resistance, likely to pullback before rise

We talked in dec 2023 about a good entry from WS1 if we get that while we were trading around ATH. The price did pull back after pushing a bit higher from there in march 2024 and came back to weekly support WS1 in following months. This support provided a good bounce as we can see and the price is currently trading significantly above from that support level....

BAXUSDT to head down towards monthly support before bounce
BAXUSDT
, 1W
Long
BAXUSDT: BAXUSDT to head down towards monthly support before bounce

The price has been downtrend since it peaked during jan 2023 run. We saw some bounces from weekly support levels on the way down. Now the price is approaching towards monthly support MS1. This is a crucial level for the price and it is likely to hold the price and allow it to reverse. This monthly support level is a good level to go long on this one. It is likely...

TAOUSDT at monthly resistance, resume upward after some retrace
TAOUSDT
, 1W
Long
TAOUSDT: TAOUSDT at monthly resistance, resume upward after some retrace

The price has bounced from the weekly/monthly support after experiencing a downturn from the peak in march 2024. The support provided a good bounce and the price is now hitting monthly resistance level MR1 from where the price has pulled back and currently trading under that resistance. What I see in the coming week is that the price will retrace further down...

BTCUSDT at 4h resistance and likely to head to 62500
BTCUSDT.P
, 240
Short
BTCUSDT.P: BTCUSDT at 4h resistance and likely to head to 62500

Here is a new trade idea which is a short trade. The price has hit 4HR1 and it is likely to get rejected from there and head again towards DS1 and a bit lower. Lets see how the price action develops. Let me know what you think about this trade.

BTCUSDT at daily support, likely to head to 66300
BTCUSDT.P
, 240
Long
BTCUSDT.P: BTCUSDT at daily support, likely to head to 66300
Updated 

The 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....

BTCUSDT at 4h support, likely to head towards 70k
BTCUSDT.P
, 240
Long
BTCUSDT.P: BTCUSDT at 4h support, likely to head towards 70k
Updated 

Here 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...

BTCUSDT likely to be rejected from daily resistance around 64.5k
BTCUSDT
, 240
Short
BTCUSDT: BTCUSDT likely to be rejected from daily resistance around 64.5k

The 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...

BTCUSDT at daily support, likely to bounce to at least 70.5k
BTCUSDT.P
, 240
Long
BTCUSDT.P: BTCUSDT at daily support, likely to bounce to at least 70.5k
Updated 

Here 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...

BTCUSDT at daily resistance, likely to head to 64.5k-65k
BTCUSDT.P
, 240
Short
BTCUSDT.P: BTCUSDT at daily resistance, likely to head to 64.5k-65k

The 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...

BTCUSDT to hit resistance around 70.5k and drop towards 67k
BTCUSDT.P
, 240
Short
BTCUSDT.P: BTCUSDT to hit resistance around 70.5k and drop towards 67k
Updated 

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...

BTCUSDT is at 4h resistance now, may experience some struggle
BTCUSDT.P
, 240
BTCUSDT.P: BTCUSDT is at 4h resistance now, may experience some struggle

The price has bounced from 4h support 4HS1 and now it has headed towards 4h resistance 4HR1. The price is currently trading inside this resistance zone. The price will face some struggle here and some pullback may be expected. Some momentum is there and the price has moved to this resistance 4HR1 from the support 4HS1 quite quickly. And therefore, any short trade...

BTCUSDT at resistance and likley to head to 67.3k and 66.3k
BTCUSDT.P
, 60
Short
BTCUSDT.P: BTCUSDT at resistance and likley to head to 67.3k and 66.3k

The price is showing weakness here and seems to be inclined to go downwards. Here is a short idea based on this inclination. Next supports are 4HS1 and DS1. We take profit at 4HS1 which is the first support zone. The price may bounce there, and therefore we will reevaluate the price action there. The price may eventually then target DS1 subsequently which is a...

BTCUSDT close to 4h support, likely to bounce towards 70k
BTCUSDT.P
, 240
Long
BTCUSDT.P: BTCUSDT close to 4h support, likely to bounce towards 70k
Updated 

Here is a new long trade idea. The price got rejected from hourly resistance HR1 after bouncing from hourly support HS1 several times. However, on the last drop on this support, the price broke that support and went southwards. The price will likely bounce from 4h support 4HS1 and will create an opportunity for a long trade towards 4h resistance 4HR1. Lets see how...

BTCUSDT likely to head down from hourly resistance around 68.3k
BTCUSDT.P
, 60
Short
BTCUSDT.P: BTCUSDT likely to head down from hourly resistance around 68.3k
Updated 

Here is a short idea. The price has bounced several times from hourly support but is likely to break it on the next drop. The price may hit hourly resistance HR1 first before that and then reverse from there triggering our short trade. The price is likely to go down towards the target of this trade around 68.3k. Lets see where it goes.

BTCUSDT at hourly support, likely to bounce towards 71.2k
BTCUSDT.P
, 60
Long
BTCUSDT.P: BTCUSDT at hourly support, likely to bounce towards 71.2k
Updated 

The price has hit the weekly resistance WR1 and has pulled back from there. The price has been pushed down from that resistance and it has now hit hourly support HS1 on this pullback. This support zone will provide support to the price and the price is likely to bounce enough for a long trade opportunity. We try this long trade towards weekly resistance around...

BTCUSDT at daily resistance, very likely to head to 65k
BTCUSDT.P
, 60
Short
BTCUSDT.P: BTCUSDT at daily resistance, very likely to head to 65k
Updated 

Our short trade is still in progress. However, here is a new short trade idea. The probability of the price to move lower now is higher than before. The price is still trading at daily resistance DR1. I have updated the resistance zone. The price is likely to head towards daily support DS1 and that is the target of our this trade idea as wll as the previous one....

BTCUSDT at daily resistance, likely to pullback to 64k
BTCUSDT.P
, 240
Short
BTCUSDT.P: BTCUSDT at daily resistance, likely to pullback to 64k
Updated 

he price has finally hit the daily resistance DR1 and that triggers my short trade idea from there. I think the price will pullback here towards low timeframe support LTFS1. Therefore LTFS1 is the target of this short trade. Lets see where it goes from here. Let me know what you think in the comments.

BTCUSDT long from 4h support 62.6k-63.0k
BTCUSDT.P
, 60
Long
BTCUSDT.P: BTCUSDT long from 4h support 62.6k-63.0k
Updated 

The price finally went deep into the 4h support 4HS1 and presented an ideal opportunity to go long. That is a good support zone and therefore I have taken this long. The price may head way beyond the target. But for now we keep that as a target of this trade and we will revavluate later to continue this trade further towards 4HR1 and 4HR2. Let me know what you...

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