Today analysis of sell
Breakdown of Potential Price Movements:
1. Bearish Scenario (Red Path):
If the price fails to reclaim the resistance area (~90,000 - 90,433), it could continue downward.
A break below 88,000 would confirm weakness, with a possible drop toward the major support at ~86,813.
If this support breaks, the next downside target could be around 86,000.
Potential downside move: ~1,944 to ~2,757 USD from current levels.
2. Bullish Reversal Scenario:
If price finds strong support around 88,000 - 86,813, it could bounce back toward 90,000 - 90,433.
A confirmed breakout above 90,500 could push Bitcoin toward 92,000 and beyond.
Potential upside move: ~1,675 to ~3,243 USD from current levels.
1. Bearish Scenario (Red Path):
If the price fails to reclaim the resistance area (~90,000 - 90,433), it could continue downward.
A break below 88,000 would confirm weakness, with a possible drop toward the major support at ~86,813.
If this support breaks, the next downside target could be around 86,000.
Potential downside move: ~1,944 to ~2,757 USD from current levels.
2. Bullish Reversal Scenario:
If price finds strong support around 88,000 - 86,813, it could bounce back toward 90,000 - 90,433.
A confirmed breakout above 90,500 could push Bitcoin toward 92,000 and beyond.
Potential upside move: ~1,675 to ~3,243 USD from current levels.
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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.
Trade XAU/USD with expert signals Join World Expert Trading for reliable, profitable Gold trading insights Start now [t.me/WorldExpertTrading1]
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.