BTCUSDT to head towards 4h resistance around 31136-31236

2023年7月12日

BTCUSDT has been trading in a new range after breaking up from the previous range. Now it has formed a new support zone 4HS1 which is a good level to long from. I believe this time price will break the range high resistance 4HR1 and proceed towards 4h resistance 4HR2. Therefore a long is favorable here towards 31136-31236 zone.

2023年7月13日

註釋

The price dipped below my stop loss, however, the idea still remained valid. The price finally reached the target of 4h resistance zone 4HR2 at 31184. Now its rejected from there on this attempt. However, the price may make soon another attempt.