🔥 BTCUSD Analysis: Potential Move Ahead on the 3D Chart 📊
Bitcoin (BTCUSD) is showing interesting price action on the 3D chart, with signals indicating a possible correction or a breakout depending on key levels. Let's analyze the current situation and potential scenarios.
📈 Current Price:** $97,706**
Potential Target:** $95,000 (Bearish) / $100,000 (Bullish)
🔑 Key Levels to Watch:
🔹 **Support Zone:** $96,000 - $95,000
🔹 **Resistance Zone:** $98,500 - $100,000
📊 Technical Insights:
🔸 **RSI Neutral:** No clear overbought or oversold signal yet.
🔸 **MACD Crossover:** Bearish signal on the 3D timeframe.
🔸 **Descending Trendline:** Acts as strong resistance.
🔔 **Be sure to follow updated ideas for real-time insights!** 🔔
⏰ **Analysis Time:** BTCUSD 3D chart, long-term perspective.
⚖️ **Always set a Stop Loss** to manage your risk! 🚨
Bitcoin (BTCUSD) is showing interesting price action on the 3D chart, with signals indicating a possible correction or a breakout depending on key levels. Let's analyze the current situation and potential scenarios.
📈 Current Price:** $97,706**
Potential Target:** $95,000 (Bearish) / $100,000 (Bullish)
🔑 Key Levels to Watch:
🔹 **Support Zone:** $96,000 - $95,000
🔹 **Resistance Zone:** $98,500 - $100,000
📊 Technical Insights:
🔸 **RSI Neutral:** No clear overbought or oversold signal yet.
🔸 **MACD Crossover:** Bearish signal on the 3D timeframe.
🔸 **Descending Trendline:** Acts as strong resistance.
Pine Script®
BTCUSD has been forming a potential descending wedge pattern, indicating a possible retest of the $95,000 level before a bounce.
- **Bearish View:** If BTCUSD loses $95,000 support, we may see an extended correction toward $92,000.
- **Bullish View:** A breakout above $98,500 could push the price back to $100,000 and beyond.
⚠️ **Note:** If BTCUSD drops below $95,000, more downside may be expected. ⚠️
🔔 **Be sure to follow updated ideas for real-time insights!** 🔔
⏰ **Analysis Time:** BTCUSD 3D chart, long-term perspective.
⚖️ **Always set a Stop Loss** to manage your risk! 🚨
🌳Indicator: bit.ly/2DJVXDn 💚
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
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.
🌳Indicator: bit.ly/2DJVXDn 💚
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
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.