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angela_altair

BTCUSDT at daily resistance, likely to head to 64.5k-65k

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BTC / Tether PERPETUAL FUTURES (MEXC:BTCUSDT.P)  
angela_altair  
MEXC:BTCUSDT.P   BTC / Tether PERPETUAL FUTURES
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD BTCUSDT btcusdtshort BTCUSDTPERP btcusdttrade btcusdtidea btcusdtanalysis
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trendanalysis chartpattern indicator btc btcusd btcusdt btcusdtshort btcusdtperp btcusdttrade btcusdtidea btcusdtanalysis
The price bounced here as the zone was a weekly support zone but has come to the daily resistance zone DR1. But it seems it is likely to get pushed a bit more down. Below we have support zone DS1 and WS2. First is the daily support DS1 from where the price is likley to bounce. Therefore, a short trade is favorable here. The price is likely to land to daily support DS1. This DS1 zone is lying around 64.5k to 65 k area. I

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angela_altair
BTCUSDT likely to be rejected from daily resistance around 64.5k
angela_altair
BTCUSDT to hit resistance around 70.5k and drop towards 67k
angela_altair
BTCUSDT is at 4h resistance now, may experience some struggle
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