hello guys.
Market Structure & Pattern
Bitcoin is forming a descending wedge, with lower highs indicating weakening bullish momentum.
The price is testing the ascending trendline support, which, if broken, could lead to further downside.
Anticipated Move
A short-term bounce may occur, but a rejection from resistance is expected.
BTC is likely to break below support, leading to a move toward the $80,000 - $81,000 demand zone.
Key Levels to Watch
Confirmation & Invalidations
A confirmed break below the trendline supports the bearish outlook.
Bullish invalidation: A strong breakout above $89,200 - $90,000 could shift momentum back to the upside.
---------------------------------
Conclusion
The current structure suggests a bearish breakdown, with a target of $80,000 - $81,000 unless resistance is broken. Monitoring price action at key levels is crucial for confirmation. 🚨
Market Structure & Pattern
Bitcoin is forming a descending wedge, with lower highs indicating weakening bullish momentum.
The price is testing the ascending trendline support, which, if broken, could lead to further downside.
Anticipated Move
A short-term bounce may occur, but a rejection from resistance is expected.
BTC is likely to break below support, leading to a move toward the $80,000 - $81,000 demand zone.
Key Levels to Watch
- Resistance: $89,200 – $90,000 (Potential rejection area)
- Support: $85,000 (trendline), then $80,000 - $81,000 (target zone
Confirmation & Invalidations
A confirmed break below the trendline supports the bearish outlook.
Bullish invalidation: A strong breakout above $89,200 - $90,000 could shift momentum back to the upside.
---------------------------------
Conclusion
The current structure suggests a bearish breakdown, with a target of $80,000 - $81,000 unless resistance is broken. Monitoring price action at key levels is crucial for confirmation. 🚨
交易开始
the breakout happened.
#btcusdt #bitcoin
交易结束：到达目标
📊 AVATrade Ambassador Join & explore:
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
📊 AVATrade Ambassador Join & explore:
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
相关出版物
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。