SasanSeifi 💁‍♂ BTC/USDT 4H

🔹 as you can see, after a bit of back-and-forth around the resistance zone, the price took a bit of a breather and is currently hanging out in the $36,400 range. No major trend shift is happening – it's more of a side-to-side dance at the moment. Here's the scoop: If the price manages to chill between $36,000 and $35,500, giving us a nod with positive vibes, we might see some good moves ahead.
Now, keep an eye on how the price reacts around those support zones for a better feel of where it's headed. On the flip side, if the price decides to dip below $35,500 and hangs out there, brace yourself for a potential medium-term correction down to around $34,000 and maybe even down to the liquidity Void at $32,000. Stay tuned for the market's next move!! 📈✨

🟢 Keep in mind, it's essential to perform your own analysis and take into account additional factors prior to making any trading choices. Best of luck! ✌️

❌ (DYOR)

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Comment:

Bitcoin has been dancing around the $35,500 mark, showcasing a roughly 6% positive swing. However, it faced a bit of resistance around the $38,000 level, resulting in a bit of a pullback. Right now, it's hanging out in the $36,800 zone. Looking ahead, if it manages to gather some more momentum and break convincingly past that $38,000 hurdle, we could be in for more upward action. But, if selling pressure takes the lead and nudges the price below the crucial support at $35,500, staying there firmly, it might hint at a potential correction.

Comment:

In the 4-hour timeframe, as expected from our previous analysis, the price has once again managed to fluctuate positively within the price range of $37,000. The trend in the 4-hour timeframe continues to oscillate between the price ranges of $37,700 and $35,500. The scenario we can consider in the 4-hour timeframe is that if the price, after consolidation, breaks above the crucial resistance range and stabilizes, it may grow towards the price ranges of $38,000 and $40,000.

Additionally, if the price breaks below the $36,500 range, there might be a correction towards the support range of $35,500. In the case of a correction, for a better understanding of the continuation of the price movement, we need to observe how the price reacts to the crucial support range. If the support range is breached, the possibility of further correction towards the indicated corrective targets in the image above can be considered. 📉🔄

🟢 Keep in mind, it's essential to perform your own analysis and take into account additional factors prior to making any trading choices. Best of luck! ✌️

❌ (DYOR)

Comment:

In the 4-hour timeframe, as mentioned in the previous analysis, we expected the price to correct to the 36,400/35,500 levels. As you can see, the price faced a negative reaction from the resistance level and is currently trading at 37,000. From a technical standpoint, the previous report is also valid. The trend in the 4-hour timeframe is moving in a range between the 37,700 and 35,500 price levels.

Currently, the expectation we can have in the 4-hour timeframe is as follows: if the price consolidates below the 36,900 level, it will likely correct again to the target levels of 36,400/36,200/35,500. In case of correction, to better understand the continuation of the trend, we need to see how the price reacts to the desired levels.

The important support level is 35,500. If this level is broken, there is a possibility of further correction. In addition, otherwise, if the 37,000 level is maintained and confirmed, we may see positive fluctuations. To continue the positive trend, it is very important to see the price consolidate above the resistance level.

🟢 Keep in mind, it's essential to perform your own analysis and take into account additional factors prior to making any trading choices. Best of luck! ✌️

❌ (DYOR)