hello guys.
actually, btc surprised me!
Hunting Level Rejection:
Bitcoin has reached the hunting level (around $65,100), showing signs of resistance and potential reversal. The price briefly spiked into this level but faced rejection, signaling exhaustion in buying pressure.
Bearish Engulfing Potential:
If the price fails to hold the current level and shows a bearish engulfing pattern, it will likely initiate a downward move. This move would invalidate further bullish attempts in the short term.
First Target:
The first significant support zone lies around $63,100, which could act as the initial target for any downward momentum.
Final Target:
A stronger bearish continuation could drive the price toward $59,300 (the lower hunting level), aligning with prior accumulation zones and a solid demand area.
actually, btc surprised me!
Hunting Level Rejection:
Bitcoin has reached the hunting level (around $65,100), showing signs of resistance and potential reversal. The price briefly spiked into this level but faced rejection, signaling exhaustion in buying pressure.
Bearish Engulfing Potential:
If the price fails to hold the current level and shows a bearish engulfing pattern, it will likely initiate a downward move. This move would invalidate further bullish attempts in the short term.
First Target:
The first significant support zone lies around $63,100, which could act as the initial target for any downward momentum.
Final Target:
A stronger bearish continuation could drive the price toward $59,300 (the lower hunting level), aligning with prior accumulation zones and a solid demand area.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.