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angela_altair

BTCUSDT at daily resistance, likely to move down to 26060

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BTCUSDT Perpetual Contract (BYBIT:BTCUSDT.P)  
angela_altair Uppdaterad   
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators BTC BTCUSD BTCUSDT btcusdtshort btcusdttrade btcusdtanalysis
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trendanalysis chartpattern indicator btc btcusd btcusdt btcusdtshort btcusdttrade btcusdtanalysis
The price has hit the daily resistance DR1. It is likely that the price will be pushed back from there. The next hourly support is around 26060 and I think price will head there. Therefore, the target of this short trade should be 26060. The price has already been pushed significantly while penning this idea.
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That was quick. However, it was not helpful probably for many to reflect on this idea as the price moved very quickly. But as expected the price hit the target and bounced from there.
snapshot
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