BTCUSD On the H1 time frame, if we consider the trend line going from top to bottom, which indicates a bearish trend, on the other hand, the RSI is currently at 47.98, indicating a decline below the midline. In the past, it has been moving sideways for a few days, which turned upward. Where there is liquidity on the upside, this also shows that Bitcoin is showing a bearish trend, we will consider selling.Support and Resistance
Strong Support Zone : 76,660
Strong Resistance Zone : 92,700
Resistance Zone: 84,950
BTCUSD Sell Entry: 83,200
TP: 81,400
TP: 79,400
TP: 76,600
SL: 84,950
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We provide 3-4 signals every day, including stop loss and big tips along with scalping signal plus more pips targets
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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.