BTCUSDT.perp H4 Analysis
2025-01-05
Category: None

Price has been ranging since the breakout from the previous support zone of $97,400 area.

It is worth to monitor the price reaction when it comes to the resistance zone of $98,600 and support zone of $97,600 . 

Price is in the uptrend movement. However, for price to continue creating Higher High, the resistance zone must be break first. 

Trading ideas:

1. Buy on break of resistance. 
2. Potential sell opportunity if price reject the resistance zone with powerful candlestick signals. 
3. Sell on the break of support zone. 