BTCUSDT ready to head up towards daily resistance 27066-27236
Updated
Analysis: LTF
The last long trade idea almost reached to the target but did not quite hit it. I think the price action is suggesting another long opportunity with a target towards the daily resistance this time. The price has been consolidating for long in this range between 4 resistance 4HR1 and 4h support 4HS1. The price action has been very slow with very low volatility. And soon it might be ready for the upward move. The target as mentioned in the daily resistance around 27066-27236.
The last long trade idea almost reached to the target but did not quite hit it. I think the price action is suggesting another long opportunity with a target towards the daily resistance this time. The price has been consolidating for long in this range between 4 resistance 4HR1 and 4h support 4HS1. The price action has been very slow with very low volatility. And soon it might be ready for the upward move. The target as mentioned in the daily resistance around 27066-27236.
Trade closed: target reached
The price hit the daily resistance and the target. It got rejected from there about which we talked in one of the posts. Lets look for a new setup in a new post.
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