Evening Traders,
Today’s analysis – BTCUSD – trading under a new Daily S/R that needs to be reclaimed to test high levels.
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
- Low Volume
- Higher Low Objective
BTCUSD’s immediate price action is impulsive under a daily level that is may prove as resistance.
The current volume profile is below average where an influx is highly imminent on the next expansion.
A higher low is the next objective for a trend continuation where the lower Daily S/R Support will be of significance.
Overall, in my opinion, price action is at a key technical trade location where the next impulse will be indicative of the trend.
Hope this analysis helps
Thank you for following my work
And remember!
“Accepting losses is the most important single investment device to insure safety of capital.” – Gerald M. Loeb
Today’s analysis – BTCUSD – trading under a new Daily S/R that needs to be reclaimed to test high levels.
Points to consider,
- Price Action Impulsive
- Daily S/R Resistance
- Low Volume
- Higher Low Objective
BTCUSD’s immediate price action is impulsive under a daily level that is may prove as resistance.
The current volume profile is below average where an influx is highly imminent on the next expansion.
A higher low is the next objective for a trend continuation where the lower Daily S/R Support will be of significance.
Overall, in my opinion, price action is at a key technical trade location where the next impulse will be indicative of the trend.
Hope this analysis helps
Thank you for following my work
And remember!
“Accepting losses is the most important single investment device to insure safety of capital.” – Gerald M. Loeb
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— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
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Stay sharp, trade smart.
— Team The Alchemist ⚔️
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.