Bitcoin (BTC/USDT), Key Support, FVG, Trend Line
Bitcoin (BTC/USDT), Key Support, FVG, Trend Line.
Price Action:
1. Current Price: Bitcoin is trading at $98,074.72, marked in red at the top right corner. It has recently pulled back after a peak near $100,000.
2. Key Support Zones:
• $92,520.00: A highlighted level where Bitcoin might find support. This is marked on the chart with a pink box.
• $90,500.00: Another significant support level below, marked in a similar manner.
3. Fair Value Gap (FVG):
• The FVG appears between the current price (~$98,000) and the lower support levels (~$92,232 and $90,500). These gaps indicate areas of potential price imbalance where buyers or sellers may step in to close the gap.
Trend Context:
• Bitcoin is within a rising channel pattern, with yellow dashed lines indicating the trend boundaries.
• The price appears to have tested the upper boundary and is retracing toward support zones, suggesting a potential retracement to fill gaps or test support before continuation.
Price Action:
1. Current Price: Bitcoin is trading at $98,074.72, marked in red at the top right corner. It has recently pulled back after a peak near $100,000.
2. Key Support Zones:
• $92,520.00: A highlighted level where Bitcoin might find support. This is marked on the chart with a pink box.
• $90,500.00: Another significant support level below, marked in a similar manner.
3. Fair Value Gap (FVG):
• The FVG appears between the current price (~$98,000) and the lower support levels (~$92,232 and $90,500). These gaps indicate areas of potential price imbalance where buyers or sellers may step in to close the gap.
Trend Context:
• Bitcoin is within a rising channel pattern, with yellow dashed lines indicating the trend boundaries.
• The price appears to have tested the upper boundary and is retracing toward support zones, suggesting a potential retracement to fill gaps or test support before continuation.
---
626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
---
626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
626
"Trend charting as a pastime."
Disclaimer
🚨 The information provided is for educational purposes only and should not be considered as investment advice.
Publications connexes
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.