BTC Update:
BTC faced rejection after reaching $97.8k, and with the current price at $94.4k, it is now in Retest Range 1 between $92.5k and $94.5k. This range has previously shown multiple rebounds, but when compared with the RSI, the chances of further rejection appear higher.
In another scenario, if BTC fails to hold Retest Range 1, we may see it pulling back or retesting levels around $87k.
Be cautious with multiple long positions for now and always trade with a proper stop-loss.
Regards,
Dexter
BTC faced rejection after reaching $97.8k, and with the current price at $94.4k, it is now in Retest Range 1 between $92.5k and $94.5k. This range has previously shown multiple rebounds, but when compared with the RSI, the chances of further rejection appear higher.
In another scenario, if BTC fails to hold Retest Range 1, we may see it pulling back or retesting levels around $87k.
Be cautious with multiple long positions for now and always trade with a proper stop-loss.
Regards,
Dexter
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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.