The price perfectly fulfilled my previous idea. 
BTCUSDT is pressing into the key support zone near 92,000, where price previously created a major reaction and where a fresh bullish divergence is forming. The market structure shows a clean downward channel, but price is stabilizing inside a localized compression at the bottom of the range. A rebound from 92,000 keeps the door open for a short-term rally toward the 100,500 resistance as long as buyers defend the zone. Momentum remains bearish overall, but the divergence suggests a corrective bullish swing is likely before trend direction resumes.
⚠️ Risks:
BTCUSDT is pressing into the key support zone near 92,000, where price previously created a major reaction and where a fresh bullish divergence is forming. The market structure shows a clean downward channel, but price is stabilizing inside a localized compression at the bottom of the range. A rebound from 92,000 keeps the door open for a short-term rally toward the 100,500 resistance as long as buyers defend the zone. Momentum remains bearish overall, but the divergence suggests a corrective bullish swing is likely before trend direction resumes.⚠️ Risks:
- Breakdown below 92,000 invalidates the bullish rebound and exposes deeper downside.
- Strong continuation of the macro downtrend may override divergence signals.
- Failed reaction at mid-range resistance could stall the bullish leg earlier than expected.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
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🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.