1-hour timeframe.
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 is trading at $97,953.42, with a sharp drop of -4.19%.
The arrow indicates an expected move upward toward the $102,000 resistance zone. This projection assumes the support at $97,000 holds, but traders should monitor volume and price action closely for confirmation.
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 is trading at $97,953.42, with a sharp drop of -4.19%.
The arrow indicates an expected move upward toward the $102,000 resistance zone. This projection assumes the support at $97,000 holds, but traders should monitor volume and price action closely for confirmation.
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t.me/LunaTrader_1
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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.
"Join our Telegram channel to receive free, high-quality trading signals. Stay ahead in the market with our expert insights!
t.me/LunaTrader_1
t.me/LunaTrader_1
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.