Time frame: 4H
Symbol: BTCUSDT
Entry: 38500.01
T.P: 43064.47
S.L: 37870.95
Bias: Long
The price pattern is showing a bullish breakout signal . Our signal is backed by static and dynamic support and resistance analysis of the chart patterns. We have also considered divergences as a part of our technical study requirements.
As we are biased bullish for this instrument, we suggest a long trade with enough caution as the long term sell pressure also loiters from the long term projections.
Symbol: BTCUSDT
Entry: 38500.01
T.P: 43064.47
S.L: 37870.95
Bias: Long
The price pattern is showing a bullish breakout signal . Our signal is backed by static and dynamic support and resistance analysis of the chart patterns. We have also considered divergences as a part of our technical study requirements.
As we are biased bullish for this instrument, we suggest a long trade with enough caution as the long term sell pressure also loiters from the long term projections.