BTCUSD Perpetual Contract
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BTCUSDT Daily S/R| Price Action| Trend| Support

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Evening Traders,

Today’s analysis – BTCUSD- trading towards a key support that has a probability of breaking bullish,

Points to consider,
- Price Action corrective
- Daily S/R Support
- Low Volume
- Rotation

BTCUSD’s immediate price action is trading at a key support allowing for a bullish directional bias.

The current price action is correction where a rotation towards the high is probable.

The current volume is below average, an influx will allow for following and momentum.

Overall, in my opinion, BTCUSD is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps,

Thank you for following my work

And remember,

“Once you find the system that works for your style/personality and confidence is gained, wash, rinse, repeat over and over again.” – Sunrisetrader

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