BTCUSDT. Daily and Hourly Timeframe Analysis
Hello traders and investors!
Let’s see where to expect a buyer's resumption.
Daily Timeframe
On the daily TF, the upward movement has significantly slowed down. The last buyer's impulse consists of just one bar and only slightly exceeded the previous all-time high. The bar itself has decreasing volume, indicating a lack of interest from both buyers and sellers at these price levels. The starting level of the last buyer's impulse is 85,072. A period of sideways movement might be ahead.
It is advisable to look for buying opportunities from the buyer’s defense of the last impulse starting level at 85,072.
Hourly Timeframe
On the hourly TF, a range has formed. The lower boundary is 85,072, and the upper boundary is 89,940. The seller’s vector 7-8 is currently relevant, with a potential target of 86,128.
It is advisable to look for buying opportunities from the buyer’s defense of 86,128 or 85,072, aiming to realize the buyer’s vector 8-9 (with potential targets at 89,940, 91,790, and 93,265). The 85,072 level is more important as it is also a daily level.
Good luck with your trading and investments!
Let’s see where to expect a buyer's resumption.
Daily Timeframe
On the daily TF, the upward movement has significantly slowed down. The last buyer's impulse consists of just one bar and only slightly exceeded the previous all-time high. The bar itself has decreasing volume, indicating a lack of interest from both buyers and sellers at these price levels. The starting level of the last buyer's impulse is 85,072. A period of sideways movement might be ahead.
It is advisable to look for buying opportunities from the buyer’s defense of the last impulse starting level at 85,072.
Hourly Timeframe
On the hourly TF, a range has formed. The lower boundary is 85,072, and the upper boundary is 89,940. The seller’s vector 7-8 is currently relevant, with a potential target of 86,128.
It is advisable to look for buying opportunities from the buyer’s defense of 86,128 or 85,072, aiming to realize the buyer’s vector 8-9 (with potential targets at 89,940, 91,790, and 93,265). The 85,072 level is more important as it is also a daily level.
Good luck with your trading and investments!
Good luck with your trading!
t.me/user_friendly_trading
t.me/user_friendly_trading
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