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BTCUSDT Perpetual Contract
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BTCUSDT at weekly resistance, may experience pull back

The price broke the daily resistance and moved up to weekly and daily resistance confluence. It is currently trading in that zone and facing this resistance. This resistance is a bit tough one as this level has been historically resisted or held the price on several occasions. The probability says, the price shall experience a pull back here.
Nota
The price has been held back till now by the weekly resistance. However, the question is where the price find support on this pull back in case it continues as per our expectation. The first logical level that seems to be realistic is daily support DS1 around 27296-27396. After that is the new weekly support level WS1, which definitely is a very good level and can act as a strong support. But first support zone is more realistic for the pullback in case it continues.
snapshot
angela_altair
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BTCBTCUSDBTCUSDTbtcusdtanalysisbtcusdtideaBTCUSDTPERPbtcusdtshortbtcusdttradeChart PatternsTechnical IndicatorsTrend Analysis

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BTCBTCUSDBTCUSDTbtcusdtanalysisbtcusdtideaBTCUSDTPERPbtcusdtshortbtcusdttradeChart PatternsTechnical IndicatorsTrend Analysis
angela_altair
Também em:

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.