Bitcoin / TetherUS
Short

Sell ​​Bitcoin: It is expected to decline and test 75000-73000

149
Bitcoin twice touched the 80000 area and pulled back, forming a double top structure in the technical pattern, which acted as technical resistance to the current structure. The second time, during the rebound, it even failed to break through the 78000 area and did not return to the upward trend structure. Instead, it formed a clear symmetrical structure in the pattern. Based on the symmetrical structure, as long as Bitcoin remains below 77000, it may continue its downward trend and retest the area around 74500.

As Bitcoin continues its pullback, it may establish a new downtrend after breaking the uptrend. The primary resistance zone is currently located in the 76000-78000 area, while the primary support zone is located in the 75000-73000 area.

Short-term technical support levels: 75000-73000 / 70000-68000
Short-term technical resistance levels: 76000-78000 / 81000-83000

Therefore, in terms of short-term trading, I would consider shorting Bitcoin in the 76000-78000 range!

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.