BTC/USD 1-Hour Chart Analysis 📊
Currently, BTC/USD is oscillating within the 101,500–105,000 range on the 1-hour chart 📈.
Key Levels
Support: 101,500 acts as short-term support 🛡️. Below that, the strong support lies at 100,600 — a breach of this key level could trigger a sharp price decline.
Resistance: 105,000 is a tough resistance level 🚧, with multiple failed upward attempts. The area above 106,000 forms a resistance zone, which bulls must overcome to initiate a significant uptrend.
Trend
The price is in a downward consolidation phase, with recent highs and lows gradually decreasing. However, chart patterns suggest a potential rebound after testing support, hinting at a possible short-term trend shift 🤔.
⚡⚡⚡ BTCUSD ⚡⚡⚡
🚀 Sell@105000 - 106000
🚀 TP 102500 - 101500
🚀 Buy@101500 - 102500
🚀 TP 105000 - 106000
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
Currently, BTC/USD is oscillating within the 101,500–105,000 range on the 1-hour chart 📈.
Key Levels
Support: 101,500 acts as short-term support 🛡️. Below that, the strong support lies at 100,600 — a breach of this key level could trigger a sharp price decline.
Resistance: 105,000 is a tough resistance level 🚧, with multiple failed upward attempts. The area above 106,000 forms a resistance zone, which bulls must overcome to initiate a significant uptrend.
Trend
The price is in a downward consolidation phase, with recent highs and lows gradually decreasing. However, chart patterns suggest a potential rebound after testing support, hinting at a possible short-term trend shift 🤔.
⚡⚡⚡ BTCUSD ⚡⚡⚡
🚀 Sell@105000 - 106000
🚀 TP 102500 - 101500
🚀 Buy@101500 - 102500
🚀 TP 105000 - 106000
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟
Trade active
Yesterday, we successfully predicted a resistance level at 106,000. Today, the resistance at 106,000 has been confirmed
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.
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.