BTCUSDT at dailly support, likely to head to 28176-28266

The price has hit the daily support and likely to bounce from there. A long is favorable here. The target should be 28176-28266.

تعليق:

The price has dipped below the support but that's okay. I am adding some size here and moving the stop loss a bit further down.

تعليق:

The price action seems good. Added some more size at the retrace to 27450 as the indicators supporting that as a good retrace level for next leg up.

تعليق:

The price is moving steadily to the upside. 27892 zone can be a bit of struggle if not crossed with momentum. But lets see, so far its going well as planned.

تعليق:

Also reduced the size added at lower prices. And stop loss set to 27436.

تعليق:

Since the price could not sweep the lows and bounce well before that, I think long is still favorable and therefore I am long again and all the levels remain valid.

تعليق:

And here is the chart once again:

أغلقت الصفقة: تم الوصول للهدف:

So the price hit our target of 28266 after testing our patience. The price has is being pushed back from there. Lets monitor it for a while to look for another setup.