Key BTC Levels Breakdown:
88,752: Major resistance - previous rejection + monthly close below
86,033: High volume node + multiple rejections last week
84,903: Key pivot point - flips between support/resistance frequently
82,927: Current consolidation zone - high volume trading area
81,955: Strong support - multiple bounces + volume profile support
79,976: Critical support - monthly support + high volume node
Trading these:
Shorts: Look for rejections at 86k/88.7k with volume
Longs: Clean bounces off 81.9k/79.9k with volume
Chop zone: 82-84k = scalp territory
Keep in mind:
Wait for confirmation
Volume tells the story
Don't trade between levels
Clean breaks = better trades
88,752: Major resistance - previous rejection + monthly close below
86,033: High volume node + multiple rejections last week
84,903: Key pivot point - flips between support/resistance frequently
82,927: Current consolidation zone - high volume trading area
81,955: Strong support - multiple bounces + volume profile support
79,976: Critical support - monthly support + high volume node
Trading these:
Shorts: Look for rejections at 86k/88.7k with volume
Longs: Clean bounces off 81.9k/79.9k with volume
Chop zone: 82-84k = scalp territory
Keep in mind:
Wait for confirmation
Volume tells the story
Don't trade between levels
Clean breaks = better trades
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.