BTCUSDT at 4h support, likely to head to at least 31166

14 Tem 2023

And so the price has finally come to our entry for the long trade after almost waiting for a day. The price has hit the 4h support 4HS1 and likely to bounce here. I expect this bounce to head towards 4h resistance 4HR1 and making a long favorable here. The target of this long should be at least 31166.

14 Tem 2023

Not

Okay this immediately took a southward turn. I will close it on breakeven and look at it again. Seems to be either support is not good one or its not outlined correctly or marked a bit off. Will reevaluate for a new setup.