BTCUSDT.perp H4 Analysis

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Price has been ranging since the breakout from the previous support zone of $97,400 area.

It is worth to monitor the price reaction when it comes to the resistance zone of $98,600 and support zone of $97,600 .

Price is in the uptrend movement. However, for price to continue creating Higher High, the resistance zone must be break first.

Trading ideas:

1. Buy on break of resistance.
2. Potential sell opportunity if price reject the resistance zone with powerful candlestick signals.
3. Sell on the break of support zone.

Penafian

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