🔥
📉 Bitcoin Downtrend Alert! 🚨
📊 BTC/USD (4H Chart) - BITSTAMP
🔻 Bearish Structure!
📉 Lower highs & lower lows – trend is down!
📏 Descending trendline keeping price under pressure.
📌 Resistance Zone (~
83K - $85K)
🛑 Price struggling to break past strong supply area (purple box).
📉 Support Levels:
🟡 $77,500 🏗️ – Weak support? Possible break!
🔴 Target: $70,000 🎯 – Major support level ahead!
🛠️ Possible Price Action:
1️⃣ Retest resistance 🚀?
2️⃣ Rejection & drop to $77,500 ❌
3️⃣ Break below = CRASH to $70K 💥
⚠️ Warning: Bulls need to reclaim trendline for reversal! Otherwise, bears in control! 🐻💪
📢 Conclusion:
Trend = BEARISH! Until a breakout happens, shorting may be the best play! 🎯
🔥 What do you think? Bullish or Bearish? 🤔👇 #BTC #Crypto
📉 Bitcoin Downtrend Alert! 🚨
📊 BTC/USD (4H Chart) - BITSTAMP
🔻 Bearish Structure!
📉 Lower highs & lower lows – trend is down!
📏 Descending trendline keeping price under pressure.
📌 Resistance Zone (~
83K - $85K)🛑 Price struggling to break past strong supply area (purple box).
📉 Support Levels:
🟡 $77,500 🏗️ – Weak support? Possible break!
🔴 Target: $70,000 🎯 – Major support level ahead!
🛠️ Possible Price Action:
1️⃣ Retest resistance 🚀?
2️⃣ Rejection & drop to $77,500 ❌
3️⃣ Break below = CRASH to $70K 💥
⚠️ Warning: Bulls need to reclaim trendline for reversal! Otherwise, bears in control! 🐻💪
📢 Conclusion:
Trend = BEARISH! Until a breakout happens, shorting may be the best play! 🎯
🔥 What do you think? Bullish or Bearish? 🤔👇 #BTC #Crypto
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t.me/JaMesGoldFiGhteR786
join my refferal broker
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Related publications
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 tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
Related publications
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.