BTC Harmonic Patterns Indicate Potential Reversal Zone
BTC Harmonic Patterns Indicate Potential Reversal Zone
BTC is currently indicating two harmonic patterns within a very strong zone. On the left side of the chart, BTC appears to have the potential to move down further.
However, the presence of these two patterns suggests that it could also encounter strong resistance between 88,200 and 84,330.
This could be a potential reversal zone for BTC (88,200 -84,330) , where the bulls may re-enter the market.
You may want to watch for reversal signs within the red zone if the price moves down further. However, it's also possible that BTC may rise from the current zone.
The challenge is that BTC is not providing enough data to have a clearer idea.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
BTC is currently indicating two harmonic patterns within a very strong zone. On the left side of the chart, BTC appears to have the potential to move down further.
However, the presence of these two patterns suggests that it could also encounter strong resistance between 88,200 and 84,330.
This could be a potential reversal zone for BTC (88,200 -84,330) , where the bulls may re-enter the market.
You may want to watch for reversal signs within the red zone if the price moves down further. However, it's also possible that BTC may rise from the current zone.
The challenge is that BTC is not providing enough data to have a clearer idea.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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t.me/KlejdiCuni
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youtube.com/@TradingPuzzles
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.