📊BTWUSDT 4H Market Update
• Trend: Bullish
• SMA (20): 1.02378
• Support: 0.8706
• Resistance: 1.17
• Current Price: 1.1072
📈Strategy:
Price is currently trading in the discount zone below the 4H range high of 2.4092, with a clear bullish bias confirmed by the 20 SMA at 1.02378. The recent swing low at 0.9564 held, and price has broken above the swing high at 1.0658, indicating a shift in structure. A long entry at 1.1072 with a stop loss at 1.073984 targets the 1.157024 resistance, offering a 1:1.5 risk/reward ratio. Monitor for a retest of the 1.17 resistance as the next key level.
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⚠️ Not financial advice - always DYOR.
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• Trend: Bullish
• SMA (20): 1.02378
• Support: 0.8706
• Resistance: 1.17
• Current Price: 1.1072
📈Strategy:
Price is currently trading in the discount zone below the 4H range high of 2.4092, with a clear bullish bias confirmed by the 20 SMA at 1.02378. The recent swing low at 0.9564 held, and price has broken above the swing high at 1.0658, indicating a shift in structure. A long entry at 1.1072 with a stop loss at 1.073984 targets the 1.157024 resistance, offering a 1:1.5 risk/reward ratio. Monitor for a retest of the 1.17 resistance as the next key level.
🔔 Don't forget to follow for more updates! & Your Future Eye
⚠️ Not financial advice - always DYOR.
Click Here To Trade 👇