Hi guys!
Did you see my last analysis about Btc? Let's break it down more!
Bitcoin is now testing a major resistance zone around $106.8K, where a descending trendline has already pushed the price down several times.
This area could act as a reversal point again. If BTC fails to break above, we might see a move down toward $102.2K — a strong support level from earlier this month.
Right now, the market is showing signs of weakness near resistance, so this could be a good spot to watch for a short setup — unless bulls step in with strong volume and break out cleanly.
attention to these levels:
Did you see my last analysis about Btc? Let's break it down more!
Bitcoin is now testing a major resistance zone around $106.8K, where a descending trendline has already pushed the price down several times.
This area could act as a reversal point again. If BTC fails to break above, we might see a move down toward $102.2K — a strong support level from earlier this month.
Right now, the market is showing signs of weakness near resistance, so this could be a good spot to watch for a short setup — unless bulls step in with strong volume and break out cleanly.
attention to these levels:
- Resistance: $106.8K (trendline + supply zone)
- Support target: $102.2K
- Outlook: Bearish unless breakout confirmed
أغلقت الصفقة: تم الوصول لوقف الخسارة
However, the reaction to the blue area could happen,n but the breakout was strong!ملاحظة
After the breakout, it was the analysis that hit the target!
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🟢 Telegram channel: t.me/melikatrader94
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avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.