$BEAT looks pretty interesting on the 4H.
The structure is bullish here, but I’m not forgetting that the daily and weekly are still bearish. This is a counter-trend setup for me, so I want confirmation before getting involved.
My zone is 0.0837–0.0864, ideally after a sweep of the recent lows and a clean reclaim.
If we get the reaction I want, I’m looking at 0.0896 first, then 0.0932, with 0.1109 as the bigger stretch target.
BTC being bullish definitely helps, but OI is fading while longs are still paying funding, so I’m not chasing this.
Lose 0.0783 on a 4H close and the bullish idea is off.
Not financial advice.
The structure is bullish here, but I’m not forgetting that the daily and weekly are still bearish. This is a counter-trend setup for me, so I want confirmation before getting involved.
My zone is 0.0837–0.0864, ideally after a sweep of the recent lows and a clean reclaim.
If we get the reaction I want, I’m looking at 0.0896 first, then 0.0932, with 0.1109 as the bigger stretch target.
BTC being bullish definitely helps, but OI is fading while longs are still paying funding, so I’m not chasing this.
Lose 0.0783 on a 4H close and the bullish idea is off.
Not financial advice.
