Signals_provider

Signals_provider

1. Support Zone (Lower purple region): A price level near $97,000 where Bitcoin has shown buying interest, potentially acting as a strong support level. 2. Resistance Zone / Target (Upper purple region): A potential price target around $102,000, which the chart indicates could be the next area of interest if the price recovers. 3. Current Price Action: Bitcoin...

Signals_provider

TetherUS (BTC/USDT) 1-hour time frame, which is a commonly observed reversal pattern in technical analysis. Here's a professional breakdown: 1. Left Shoulder: A moderate price increase followed by a decline. 2. Head: A higher peak compared to the left shoulder, followed by another decline. 3. Right Shoulder: Another price increase, lower than the head but...

Signals_provider

This chart represents Bitcoin's (BTC/USDT) price movement on the 1-hour timeframe, highlighting a clear consolidation phase within a defined range. The resistance level is positioned near $99,000, while the support level lies around $95,000. The market is currently range-bound, and any decisive breakout could establish the direction of the next major trend. Key...

Signals_provider

Key observations are as follows: 1. Purple Zone (Resistance Area): The price faced resistance upon reaching the purple zone and reversed, indicating a potential supply zone. 2. Blue Trendlines: Highlight the upward trend followed by a sharp downward correction. 3. Green Zone (Support Area): The price is moving toward a possible support level where buying...