BTCUSDT is finally trading under the daily resistance. This is the resistance in its way before clearing the recent high of 25250. Any pullback currently is very good opportunity for day trading. There can be short opportunities but the momentum in the long direction is very strong and any short for day trade is currently not advisable. Let us try a long if this pullback hits the daily support. This would be a conservative long. A more aggressive long would be if it is taken when price hits 4h support. Let us try small position at 4h support and if price breaks though that then a bigger position at daily support 1 zone.
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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.