angela_altair

BTCUSDT likely to head to 4h support around 41200-41700

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
The price is trading inside monthly resistance and experiencing the expected push back. The price action is suggesting that we might be looking for a visit to the 4h support zone which sitting around 41200-41700. That support level should provice a bounce for another attempt at the monthly resistance but it is difficult to say if that bounce will have enough strength to break it. We will evaluate once the price in case reaches 4h support and bounces from there.

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