XBTUSD Free trading setup

#XBTUSD #1hr
- Here is XBT 1hr. Currently it is showing the sideway moves with long candle tails both up and down. Perfect place for retail traders to get wacked.
- For now, pay attention if we can break the top of the black channel above. It has been resisted by the top of the channel for a while and thus we might expect a high bullish movement once the top gets broken above.
- If XBT bounces within 12 hours, we can expect some resistance where top of the black channel and previous bottom of the waves overlaps, around 9650~9680.
- For those who are willing to enter short at this area, make sure the set your stop loss tight because as I have mentioned, if the top of the channel gets broken, it is most likely to see bullish momentum.
- Within 15 hours from now, if price drops more, we can expect supports at 9460~9510 and 9360~9410.
- Once the top of the black channel gets broken above, some major resistance areas are expected at 9910~9940, 9980~10010, and 10060~10130.
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