Technical Analysis (BTC/USD - 1H Chart)
- Resistance Area: Bitcoin is approaching a key resistance zone around $87,100 - $88,400, where selling pressure has previously emerged.
- Price Action: A strong upward move is testing resistance after a sharp downtrend and consolidation.
- Potential Rejection: If price fails to break above resistance, a bearish move towards the $80,000 - $79,600 target area is likely.
- Breakout Scenario: A decisive break above $88,400 could invalidate the short setup and signal further upside.
- Volume Analysis: Increasing volume near resistance could indicate strong interest from sellers.
Watch for confirmation signals before entering a trade.
If you enjoy, press the like button.
- Resistance Area: Bitcoin is approaching a key resistance zone around $87,100 - $88,400, where selling pressure has previously emerged.
- Price Action: A strong upward move is testing resistance after a sharp downtrend and consolidation.
- Potential Rejection: If price fails to break above resistance, a bearish move towards the $80,000 - $79,600 target area is likely.
- Breakout Scenario: A decisive break above $88,400 could invalidate the short setup and signal further upside.
- Volume Analysis: Increasing volume near resistance could indicate strong interest from sellers.
Watch for confirmation signals before entering a trade.
If you enjoy, press the like button.
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💸FREE FOREX Signals in Telegram : t.me/FxInsightsHub0
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
🚀FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
🚀FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.