btc can small up then bearish down on newyork time
Btc can up to 61k then reform and up to 62k , 64k beware stophunt til 59K
Btc on range between 65900 and 69100 that can stop hunt on 66400 and 64800 and lower
Btc can countinue range between 64600 and 62700 until NewYork session get open
In this channel 64300 to 63100 can sell from 64300 to 63800 mid of channel and buy from 63100 lower channel to mid and bewar of stop hunt from 2 side of channel
Currently, the rising wedge pattern indicates potential bearish pressure. If the price breaks below 62,188.0, further declines are likely. However, if the price stays above 63,141.5 and breaks higher, a short-term upward move could happen towards the resistance level of 64,366.5.
Btc Range 63100 and 62800 but can jump to 63800 and high and stop hunt in 60000
BTC on down trend and may saw 57500 then goes to range 58500 and 5750 beware on stop hunt in 59200
For a more detailed analysis of the BTC/USD chart with the weekly resistance (black), daily resistance (red), and hourly trend (blue) lines, consider the following points: Resistance Levels: Weekly Resistance (Black): This line indicates a stronger resistance level where the price might face significant selling pressure and move downwards. Daily Resistance...
Support and Resistance Levels: One-Hour Support: The blue line around 57456 indicates a support level where the price might bounce back up. beware of stop hunt til 55550 One-Hour Resistance: The blue line around 56340 indicates a resistance level where the price might face selling pressure. Four-Hour Support: The purple line around 55550 indicates a stronger...
The blue trend lines on your BTC/USD chart represent support and resistance levels for the one-hour time frame. - **Support Levels**: The lower blue lines indicate potential support levels where the price might find buying interest and bounce back up. For example, the line around **54095.5** could act as a support level. - **Resistance Levels**: The upper blue...
Current Price Levels: The chart shows Bitcoin’s price around 54,276.0 USD. Support Levels: Around 53,070.0 USD. Resistance Levels: Around 56,140.0 USD. The drawn blue line suggests a potential upward movement, indicating a bullish trend. all are before New York openning time
Short-Term Trades: Look for buying opportunities around the support level (56,940.8) but be cautious of the overall bearish trend. Long-Term Perspective: Given the downward trendline, it might be wise to wait for a clear breakout above the resistance level (59,134.5) before considering long-term position
BTC has broken the daily trend line ,if the candle close below of that in next half hour , and that line cann`t resist the Como Cloud probably stophunt the buy order in 57650and go down to 55K range .
The chart suggests that Bitcoin may be in the process of a short-term recovery, targeting the levels of 60,595.5 and 61,060.0. However, it is essential to watch how the price behaves around these resistance levels and the dashed trendline, as they could dictate whether the upward movement will continue or if the downtrend will resume.
Support Level: The red line is an ascending trendline currently acting as a support level. As the price is close to this line, it is likely to serve as a strong support that could prevent further price decline. If the price holds above this support line and rebounds upwards, Bitcoin may move towards the next resistance levels, such as 59,583.5 and then...
Based on the provided chart, the red line, which represents the daily trend, indicates that Bitcoin is in a downward trend. This suggests selling pressure over the longer term. On the other hand, the blue line, representing the hourly trend, might show short-term fluctuations.