Bitcoin (BTC/USD) Technical Analysis - 4H Chart
Consolidation & Breakout
- BTC was trading in a range-bound consolidation before breaking out with a strong bearish candle.
- The price failed to sustain above the range high, leading to a sharp decline.
Key Supply Zones & Resistance
- A supply zone is identified around the $85,000 - $87,000 range, which could act as a resistance.
- A major resistance level is near $94,363, where price previously showed respect.
Trend & Possible Price Movement
- The upward trendline was broken, confirming bearish momentum.
- A potential pullback towards the supply zone could lead to another rejection.
- If the downtrend continues, the next significant support is at $78,143.
Market Outlook
- Bearish bias remains unless BTC reclaims and holds above the supply zone.
- Watch for rejection at resistance levels for further downside confirmation.
If you enjoy, press the like button.
Consolidation & Breakout
- BTC was trading in a range-bound consolidation before breaking out with a strong bearish candle.
- The price failed to sustain above the range high, leading to a sharp decline.
Key Supply Zones & Resistance
- A supply zone is identified around the $85,000 - $87,000 range, which could act as a resistance.
- A major resistance level is near $94,363, where price previously showed respect.
Trend & Possible Price Movement
- The upward trendline was broken, confirming bearish momentum.
- A potential pullback towards the supply zone could lead to another rejection.
- If the downtrend continues, the next significant support is at $78,143.
Market Outlook
- Bearish bias remains unless BTC reclaims and holds above the supply zone.
- Watch for rejection at resistance levels for further downside confirmation.
If you enjoy, press the like button.
Anmerkung
Price is approaching in our supply zone, let's see....Trade ist aktiv
Trade was activated from 85k$..Anmerkung
Once again now price enter in our zone 85k$, sell again here....Trade geschlossen: Ziel wurde erreicht
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💸FREE FOREX Signals in Telegram : t.me/FxInsightsHub0
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
🚀FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/FxInsightsHub0
🚀FREE CRYPTO Signals In Telegram: t.me/FxInsightsHub0
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.