5-Day Supertrend might turn to Red – Pivot at $90K Holds the Key
🚨 5-Day Supertrend Alert: Potential Bearish Shift Ahead! 🚨
As a swing/long-term Bitcoin trader, I’m closely monitoring the 5-day Supertrend indicator. It’s nearing a bearish flip (turning red) 📉.
The pivotal level is 90K: if Bitcoin loses this, a drop toward 76K support becomes likely. Below 76K, we’ll need to reassess the cycle’s health.
For now, caution is key. A confirmed red Supertrend and a close under 90K would signal a deeper correction.
If the price holds 90K and the indicator reverses to green, bullish momentum could resume.
Stay vigilant and manage your risk accordingly! #Bitcoin #CryptoTrading #MarketAnalysis
As a swing/long-term Bitcoin trader, I’m closely monitoring the 5-day Supertrend indicator. It’s nearing a bearish flip (turning red) 📉.
The pivotal level is 90K: if Bitcoin loses this, a drop toward 76K support becomes likely. Below 76K, we’ll need to reassess the cycle’s health.
For now, caution is key. A confirmed red Supertrend and a close under 90K would signal a deeper correction.
If the price holds 90K and the indicator reverses to green, bullish momentum could resume.
Stay vigilant and manage your risk accordingly! #Bitcoin #CryptoTrading #MarketAnalysis
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.