BTCUSDT likely to move higher from here. It has been consolidating between the 4h resistance and 4h support zone and seems to be ready for a move.
Trade closed: target reached
The target is achieved as the price hit the desired level of 29800. The price spiked a bit above but quickly came down and it was pushed back to 4h support zone again. Now the price trading again between 4h resistance and 4h support zone. From the price action it seems it wants to move further down but we discuss that setup in a new post.If you like the content and find value in the posted analysis, please give a like and if you want to get notified about any new idea posted, please follow this account. I also share ideas on twitter, so if you want to tune to that, please check my twitter account: twitter.com/angela_altair
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.