AlexeyWolf

BTCUSDT. Waiting for the local high to be updated.

BINANCE:BTCUSDT   Bitcoin / TetherUS
Highlights
  • Waiting for the price to interact with the upper boundary of the sideways range at 37980.
  • Preference (buying/selling) - neutral.

Description
On the hourly timeframe, a sideways movement has been observed since November 9th. The upper boundary of the sideways range is at 37980. Judging by the wicks of yesterday's hourly candles (see chart), buyers are pushing the prices beyond the sideways range. Buying at the top of the range is not systematic. But if you really want to trade, you can aggressively look for buys when buyers defend the wicks of yesterday's hourly candles. (if the price returns there before breaking out of the sideways range).
  • 31812, 36677 - boundaries on the five-minute timeframe
  • 37302 - boundary on the one-minute timeframe.

Good luck with your trading!
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.