Bitcoin / TetherUS

BTCUSDT neutral bias

244
On Weekly, Price is in downtrend
On 4H and Daily , Price is currently in Uptrend

Potential Buy setup - Wait for the price to pullback into previous higher high ($17381) and FIB 50% in 4H timeframe and look for entry pattern (1H/30M/4H Engulfing or Strong rejections) . If the entry pattern don't show up, Don't force it
BUY SETUP Take Profits - $18000, and $18400


Potential Sell Setup - Wait for the price to go to $18400 and look for entry pattern (Strictly 4H Engulfing or strong rejection or even lower time frame downtrend).

SELL SETUP Take Profit - $15800

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