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ChartsInsights

BTC USDT 4 HR TF Outlook.

Long
Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
ChartsInsights Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Chart Patterns Trend Analysis BTCUSDT BTCUSDTPERP btcusdtlong btcusdtanalysis tradeidea btcusdttradeideas btcusdtlongs chartanalysis priceactionanalysis
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chartpattern trendanalysis btcusdt btcusdtperp btcusdtlong btcusdtanalysis tradeidea btcusdttradeideas btcusdtlongs chartanalysis priceactionanalysis
BTCUSDT

According to my 4-hour BTC USDT analysis, the price is showing the same pattern as ETH. BTC is expected to move upwards from the current level of 26,598. The stop-loss for this trade is 26,350, and the target is 27,000-27,300. The last two 4-hour candles have shown a rejection on the downside, which indicates that buyers are pushing the price upwards.

In other words, the price is currently in a range, but there is bullish momentum building. Buyers are expected to push the price higher to hunt the stop-losses of sellers and to take out the liquidity on the upside.

Please note that this is just my analysis and is not financial advice. Please do your own research before making any investment decisions.
Trade closed: target reached
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