:
๐ BTC/USDT 2-Hour Chart Analysis
๐ป Current Trend:
BTC is in a downtrend ๐, trading below the 30 EMA (๐ด 84,270 USDT) and 200 EMA (๐ต 88,644 USDT).
The price is currently 82,406 USDT and approaching a key support zone (๐ฃ ~80,000 USDT).
Support & Resistance Levels
๐ฃ Support Zone (~80,000 USDT) โ Possible bounce area โฌ๏ธ
๐ฃ Mid-Resistance (~86,000โ88,000 USDT) โ First hurdle ๐ง
๐ฃ Major Resistance (~96,000 USDT) โ Final target ๐ฏ
Possible Price Movement (๐ต Blue Line Projection)
โ Bullish Case:
If BTC bounces off support ๐๏ธ, it could move towards 88,000 USDT ๐ and then 96,000 USDT ๐ฏ.
โ Bearish Case:
If BTC breaks below 80,000 USDT, we might see more downside โ ๏ธ.
๐ก Trading Tip:
Watch price action ๐ at support & resistance.
Look for confirmation signals โ before entering trades.
๐ Are you bullish or bearish on BTC? ๐ฅ
๐ BTC/USDT 2-Hour Chart Analysis
๐ป Current Trend:
BTC is in a downtrend ๐, trading below the 30 EMA (๐ด 84,270 USDT) and 200 EMA (๐ต 88,644 USDT).
The price is currently 82,406 USDT and approaching a key support zone (๐ฃ ~80,000 USDT).
Support & Resistance Levels
๐ฃ Support Zone (~80,000 USDT) โ Possible bounce area โฌ๏ธ
๐ฃ Mid-Resistance (~86,000โ88,000 USDT) โ First hurdle ๐ง
๐ฃ Major Resistance (~96,000 USDT) โ Final target ๐ฏ
Possible Price Movement (๐ต Blue Line Projection)
โ Bullish Case:
If BTC bounces off support ๐๏ธ, it could move towards 88,000 USDT ๐ and then 96,000 USDT ๐ฏ.
โ Bearish Case:
If BTC breaks below 80,000 USDT, we might see more downside โ ๏ธ.
๐ก Trading Tip:
Watch price action ๐ at support & resistance.
Look for confirmation signals โ before entering trades.
๐ Are you bullish or bearish on BTC? ๐ฅ
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Join my telegram (COPY_TRADE)
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
t.me/TOP1INVEESTADMEN
Join my refrel broker link
one.exnesstrack.org/a/l1t1rf3p6v
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.