200 EMA (Blue): 86,960.21
30 EMA (Red): 86,149.39
The price is currently below both EMAs, indicating a short-term bearish trend.
Key Levels:
Stop Loss: 83,954.20 (marked in blue at the bottom)
Re-entry Level: 86,198.54 (near the 30 EMA)
Target Price: 89,056.91
Support & Resistance Zones:
Strong Support Zone: Around 83,954.20
Intermediate Resistance: Near 86,198.54
Major Resistance Zone: Close to 89,056.91
Trade Setup & Projection:
The chart suggests a potential reversal from the support zone.
The expected price movement shows a bounce from support, a breakthrough of the intermediate resistance, and a push toward the target price (89,056.91).
The expected gain is 4,509.86 points (5.34%).
Conclusion:
If BTC holds the support zone, an upside move is likely.
Breaking above 86,198.54 would confirm a bullish reversal.
Failing to hold support at 83,954.20 could lead to further downside.
30 EMA (Red): 86,149.39
The price is currently below both EMAs, indicating a short-term bearish trend.
Key Levels:
Stop Loss: 83,954.20 (marked in blue at the bottom)
Re-entry Level: 86,198.54 (near the 30 EMA)
Target Price: 89,056.91
Support & Resistance Zones:
Strong Support Zone: Around 83,954.20
Intermediate Resistance: Near 86,198.54
Major Resistance Zone: Close to 89,056.91
Trade Setup & Projection:
The chart suggests a potential reversal from the support zone.
The expected price movement shows a bounce from support, a breakthrough of the intermediate resistance, and a push toward the target price (89,056.91).
The expected gain is 4,509.86 points (5.34%).
Conclusion:
If BTC holds the support zone, an upside move is likely.
Breaking above 86,198.54 would confirm a bullish reversal.
Failing to hold support at 83,954.20 could lead to further downside.
Join my telegram (COPY_TRADE)
t.me/+4ns23-AkD5RmM2Q0
t.me/+4ns23-AkD5RmM2Q0
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/+4ns23-AkD5RmM2Q0
t.me/+4ns23-AkD5RmM2Q0
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join my telegram (COPY_TRADE)
t.me/+4ns23-AkD5RmM2Q0
t.me/+4ns23-AkD5RmM2Q0
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/+4ns23-AkD5RmM2Q0
t.me/+4ns23-AkD5RmM2Q0
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.