BTCUSDT perpetual analysis 1h

13 thg 8, 2022

Analyzing only the 1h time frame, we can se that the price has reacted well to the test buy-zone, close to the 1/2 of the up-trend wave, and a spring is formed. As a result, an upward movement has begun. BUT the only thing that hinders a long position is the sell-zone on 1D time frame, where an upthrust was formed previously. In my opinion there's still the possibility for a temporary down-trend to 22500-23500.