1. Trend Direction: Bitcoin is in a downtrend with a descending trendline acting as resistance. Price is currently testing resistance at $84,000 - $85,000. 2. Key Support & Resistance Levels: Resistance: Around $84,500 - $85,000 (purple zone), aligned with the descending trendline. Support: Strong demand near $80,000 - $81,000. 3. Potential Breakout or Reversal...
Crypto Futures Technical Analysis (EPIC/USDT - 15m Chart) 1. Trend Direction: The price is forming a descending triangle, indicated by the downward-sloping yellow trendline. The trend is bearish, with lower highs being formed, suggesting strong selling pressure. 2. Key Support & Resistance Levels: Support: Around $1.652 - $1.683 (highlighted in purple), where...
Entry Area 120 - 124 TP 1 : 155 TP 2 : 160 TP 3 : 195 Stop Loss : 113