angela_altair

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

Long
angela_altair Updated   
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
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.
Comment:
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.

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