BitcoinShort
BTCUSD's lower high formation aligns with a potential short-term
📊 Analyzing **BTCUSD** across multiple timeframes:
**22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.
📉 BTCUSD is currently trading around **$97,706** and showing signs of a potential pullback.
A correction towards the support level at **$95,000 - $93,500** seems likely based on current price action.
🔻 Key Levels to Watch:
🔹 **Immediate Support:** $95,000 - $93,500 zone.
🔹 **Resistance Levels:** Watch for rejection around $98,500 - $99,000.
🔒 Stop Loss can be placed above $99,500 to minimize risk.
🔍 We are using trend analysis, Fibonacci levels, and volume confirmation to identify this setup.
⚠️ **Note:** If BTCUSD breaks below $93,500, further decline may accelerate. ⚠️
🔔 **Be sure to follow the updated ideas for real-time insights!** 🔔
⏰ **Analysis Time:** BTCUSD across multiple timeframes.
⚖️ **Do not forget to set a Stop Loss** for risk management! Protect your capital! 🔒
**22-day time frame**, **Weekly time frame**, **Daily time frame**, and **4-hour time frame**.
📉 BTCUSD is currently trading around **$97,706** and showing signs of a potential pullback.
A correction towards the support level at **$95,000 - $93,500** seems likely based on current price action.
🔻 Key Levels to Watch:
🔹 **Immediate Support:** $95,000 - $93,500 zone.
🔹 **Resistance Levels:** Watch for rejection around $98,500 - $99,000.
🔒 Stop Loss can be placed above $99,500 to minimize risk.
🔍 We are using trend analysis, Fibonacci levels, and volume confirmation to identify this setup.
- **Bearish View:** Expecting a drop towards $95,000 if current levels fail.
- **Bullish View:** Only a breakout above $99,000 can invalidate this view.
⚠️ Always confirm price action before entering. Risk management is key! 🚨
⚠️ **Note:** If BTCUSD breaks below $93,500, further decline may accelerate. ⚠️
🔔 **Be sure to follow the updated ideas for real-time insights!** 🔔
⏰ **Analysis Time:** BTCUSD across multiple timeframes.
⚖️ **Do not forget to set a Stop Loss** for risk management! Protect your capital! 🔒
🌳Indicator: bit.ly/2DJVXDn 💚
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
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.
🌳Indicator: bit.ly/2DJVXDn 💚
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
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.