BTC/USD chart drawn support/resistance levels and target zones. Let’s break it down:
📉 Current Situation
Price is around $110,051.
It has broken below a trendline and the Ichimoku cloud, suggesting bearish momentum.
The my chart shows two potential downside target points.
🎯 Target Levels (as per your chart)
1. First Target Zone: Around $100,000 – $102,000
(Marked by the first horizontal red zone, likely a strong support level).
2. Second Target Zone: Around $92,000 – $94,000
(The larger red zone further below, which looks like a major support and final bearish target).
⚠ Notes
These targets assume the bearish trend continues without strong reversal signals.
If BTC bounces back above $114,000 – $116,000, it may invalidate the bearish targets.
Always use stop-loss risk management since BTC can move sharply.
📉 Current Situation
Price is around $110,051.
It has broken below a trendline and the Ichimoku cloud, suggesting bearish momentum.
The my chart shows two potential downside target points.
🎯 Target Levels (as per your chart)
1. First Target Zone: Around $100,000 – $102,000
(Marked by the first horizontal red zone, likely a strong support level).
2. Second Target Zone: Around $92,000 – $94,000
(The larger red zone further below, which looks like a major support and final bearish target).
⚠ Notes
These targets assume the bearish trend continues without strong reversal signals.
If BTC bounces back above $114,000 – $116,000, it may invalidate the bearish targets.
Always use stop-loss risk management since BTC can move sharply.
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
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Gold Signal's with proper TP & SL for high profit opportunities..
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📲 Join telegram channel free ..
t.me/RSI_Trading_Point4
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/XauusdGlobalSignal17
Gold Signal's with proper TP & SL for high profit opportunities..
t.me/RSI_Trading_Point4
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/XauusdGlobalSignal17
Gold Signal's with proper TP & SL for high profit opportunities..
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.