📉 Bitcoin (BTC/USD) 3H Technical Analysis – Bearish Outlook Unfolding 🔍
📅 Date: June 19, 2025
🕒 Timeframe: 3-Hour (3H)
💰 Current Price: $105,042
📊 Indicators: EMA 50, EMA 200, RSI 14
🧱 Key Levels:
🔼 Resistance Zone: $105,570 – $106,865
(Confluence of 50 EMA, 200 EMA, and historical supply)
🟩 Support Zone: $100,900 – $101,300
(Previous demand zone and projected target)
🔍 Technical Observations:
Double EMA Barrier 🚧
Price is consolidating below both the 50 EMA ($105,632) and 200 EMA ($105,570), indicating bearish pressure. These EMAs are acting as a strong dynamic resistance.
Bearish Structure 📉
The market is forming lower highs and lower lows, maintaining a descending structure. The price attempted to break above resistance but faced rejection.
Resistance Confirmation 🧱
The zone around $105,500 – $106,800 has been tested multiple times without a successful breakout, confirming it as a strong supply zone.
Projected Bearish Move 📉🔜
The expected path suggests a retest of resistance, followed by a downward move toward the target at $101,213, which aligns with the support zone.
RSI Bearish Divergence 📉📊
RSI at 47.75 is below 50 and trending downward, signaling weak bullish momentum and potential for further downside.
🎯 Summary:
⚠️ Bias: Bearish
📌 Entry Opportunity: On rejection near $105,500–$106,100 zone
🎯 Target: $101,213
⛔ Invalidation Level: Break and close above $106,865 with volume
🧠 Pro Tip:
Watch closely for price action near the resistance zone. If it fails to break through, a short position targeting the green support box could be favorable.
📉💥 "Trade the trend, not your bias." 💥📉
🔍
📅 Date: June 19, 2025
🕒 Timeframe: 3-Hour (3H)
💰 Current Price: $105,042
📊 Indicators: EMA 50, EMA 200, RSI 14
🧱 Key Levels:
🔼 Resistance Zone: $105,570 – $106,865
(Confluence of 50 EMA, 200 EMA, and historical supply)
🟩 Support Zone: $100,900 – $101,300
(Previous demand zone and projected target)
🔍 Technical Observations:
Double EMA Barrier 🚧
Price is consolidating below both the 50 EMA ($105,632) and 200 EMA ($105,570), indicating bearish pressure. These EMAs are acting as a strong dynamic resistance.
Bearish Structure 📉
The market is forming lower highs and lower lows, maintaining a descending structure. The price attempted to break above resistance but faced rejection.
Resistance Confirmation 🧱
The zone around $105,500 – $106,800 has been tested multiple times without a successful breakout, confirming it as a strong supply zone.
Projected Bearish Move 📉🔜
The expected path suggests a retest of resistance, followed by a downward move toward the target at $101,213, which aligns with the support zone.
RSI Bearish Divergence 📉📊
RSI at 47.75 is below 50 and trending downward, signaling weak bullish momentum and potential for further downside.
🎯 Summary:
⚠️ Bias: Bearish
📌 Entry Opportunity: On rejection near $105,500–$106,100 zone
🎯 Target: $101,213
⛔ Invalidation Level: Break and close above $106,865 with volume
🧠 Pro Tip:
Watch closely for price action near the resistance zone. If it fails to break through, a short position targeting the green support box could be favorable.
📉💥 "Trade the trend, not your bias." 💥📉
📅 Date: June 19, 2025
🕒 Timeframe: 3-Hour (3H)
💰 Current Price: $105,042
📊 Indicators: EMA 50, EMA 200, RSI 14
🧱 Key Levels:
🔼 Resistance Zone: $105,570 – $106,865
(Confluence of 50 EMA, 200 EMA, and historical supply)
🟩 Support Zone: $100,900 – $101,300
(Previous demand zone and projected target)
🔍 Technical Observations:
Double EMA Barrier 🚧
Price is consolidating below both the 50 EMA ($105,632) and 200 EMA ($105,570), indicating bearish pressure. These EMAs are acting as a strong dynamic resistance.
Bearish Structure 📉
The market is forming lower highs and lower lows, maintaining a descending structure. The price attempted to break above resistance but faced rejection.
Resistance Confirmation 🧱
The zone around $105,500 – $106,800 has been tested multiple times without a successful breakout, confirming it as a strong supply zone.
Projected Bearish Move 📉🔜
The expected path suggests a retest of resistance, followed by a downward move toward the target at $101,213, which aligns with the support zone.
RSI Bearish Divergence 📉📊
RSI at 47.75 is below 50 and trending downward, signaling weak bullish momentum and potential for further downside.
🎯 Summary:
⚠️ Bias: Bearish
📌 Entry Opportunity: On rejection near $105,500–$106,100 zone
🎯 Target: $101,213
⛔ Invalidation Level: Break and close above $106,865 with volume
🧠 Pro Tip:
Watch closely for price action near the resistance zone. If it fails to break through, a short position targeting the green support box could be favorable.
📉💥 "Trade the trend, not your bias." 💥📉
🔍
📅 Date: June 19, 2025
🕒 Timeframe: 3-Hour (3H)
💰 Current Price: $105,042
📊 Indicators: EMA 50, EMA 200, RSI 14
🧱 Key Levels:
🔼 Resistance Zone: $105,570 – $106,865
(Confluence of 50 EMA, 200 EMA, and historical supply)
🟩 Support Zone: $100,900 – $101,300
(Previous demand zone and projected target)
🔍 Technical Observations:
Double EMA Barrier 🚧
Price is consolidating below both the 50 EMA ($105,632) and 200 EMA ($105,570), indicating bearish pressure. These EMAs are acting as a strong dynamic resistance.
Bearish Structure 📉
The market is forming lower highs and lower lows, maintaining a descending structure. The price attempted to break above resistance but faced rejection.
Resistance Confirmation 🧱
The zone around $105,500 – $106,800 has been tested multiple times without a successful breakout, confirming it as a strong supply zone.
Projected Bearish Move 📉🔜
The expected path suggests a retest of resistance, followed by a downward move toward the target at $101,213, which aligns with the support zone.
RSI Bearish Divergence 📉📊
RSI at 47.75 is below 50 and trending downward, signaling weak bullish momentum and potential for further downside.
🎯 Summary:
⚠️ Bias: Bearish
📌 Entry Opportunity: On rejection near $105,500–$106,100 zone
🎯 Target: $101,213
⛔ Invalidation Level: Break and close above $106,865 with volume
🧠 Pro Tip:
Watch closely for price action near the resistance zone. If it fails to break through, a short position targeting the green support box could be favorable.
📉💥 "Trade the trend, not your bias." 💥📉
Market Analysts, Mentor, Forex Trader.
XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
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t.me/ITCSMCTradingStrategies
XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority
t.me/ITCSMCTradingStrategies
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.
Market Analysts, Mentor, Forex Trader.
XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority
t.me/ITCSMCTradingStrategies
XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority
t.me/ITCSMCTradingStrategies
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.