🚀 BTCUSD Analysis: Preparing for a Potential Move 📉
Analyzing BTCUSD across multiple timeframes – **Weekly**, **Daily**, and **4-hour** – suggests a bearish correction is imminent.
📉 Current Price:** $97,706**
Potential Target:** $94,000 - $92,500 zone**
🔻 Key Levels to Watch:
🔹 **Immediate Support:** $95,000 - $94,000
🔹 **Resistance:** $100,000 - $102,500
🔒 Suggested Stop Loss:** Above $102,000**
📊 Technical Signals:
🔸 **RSI Overbought:** Indicates a possible correction
🔸 **Lower Highs:** Suggests weakening bullish momentum
🔸 **Bearish Divergence:** Detected on the 4-hour chart
🔔 **Be sure to follow updated ideas for real-time insights!** 🔔
⏰ **Analysis Time:** BTCUSD across multiple timeframes.
⚖️ **Always set a Stop Loss** to protect your capital! 🚨
Analyzing BTCUSD across multiple timeframes – **Weekly**, **Daily**, and **4-hour** – suggests a bearish correction is imminent.
📉 Current Price:** $97,706**
Potential Target:** $94,000 - $92,500 zone**
🔻 Key Levels to Watch:
🔹 **Immediate Support:** $95,000 - $94,000
🔹 **Resistance:** $100,000 - $102,500
🔒 Suggested Stop Loss:** Above $102,000**
📊 Technical Signals:
🔸 **RSI Overbought:** Indicates a possible correction
🔸 **Lower Highs:** Suggests weakening bullish momentum
🔸 **Bearish Divergence:** Detected on the 4-hour chart
Pine Script®
BTCUSD shows a clear downtrend, with potential for further downside after breaking the $95,000 support.
- **Bearish View:** Expecting a drop toward the $92,500 range if support at $95,000 fails.
- **Bullish View:** Breakout above $100,000 may resume the uptrend.
⚠️ **Note:** If BTCUSD falls below $92,500, we could see an extended bearish correction. ⚠️
🔔 **Be sure to follow updated ideas for real-time insights!** 🔔
⏰ **Analysis Time:** BTCUSD across multiple timeframes.
⚖️ **Always set a Stop Loss** to 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.