BTCUSDT.perp H4 Analysis

86
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.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.