Price is facing bearish pressure from our resistance in line with our graphical level and fibonacci confluence levels, where we could see a drop below this level.
BTC to reverse from its downside confirmation at 30800 where it could potentially drop further to 25772.
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Price is approaching resistance where we could see a reversal below this level to our first support level. Prices are holding below our Ichimoku cloud as well in line with our bearish bias.
Price is approaching support where we could see a bounce above this level, Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
Price is approaching support where we could see a bounce above this level, a break above our descending trend line would provide us with the upside confirmation.
Price is approaching our support in line with our ascending trend line and Fibonacci confluence levels where we could see a bounce above this level to our first resistance target. Stochastic is approaching support as well in line with our bullish bias.
Price is approaching our resistance in line with our horizontal pullback resistance where we could see a reversal below this level to our first support target. Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.
Price is approaching support where we could see a further push above this level to our take profit target. Ichimoku cloud and EMA are showing signs of bullish pressure as well.
