~~ Technical Analysis ~~
-- Trend:
Short-Term: Bitcoin has broken the floor of a rising trend channel, suggesting a slower rise or potential sideways movement.
Medium/Long-Term: Despite the short-term slowdown, the long-term trend remains bullish, with Bitcoin testing resistance at ~$106,000–$110,000. A breakout above $111,000 could signal strong upward momentum.
Bearish Signals: Negative volume balance (higher volume on down days) and RSI divergence indicate potential for a short-term correction.
Key Levels:
Support: $102,400, $90,000
Resistance: $106,000–$110,000, with a critical zone at $110,000–$111,800. Breaking this could push BTC toward $125,000–$155,000.
-- Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
-- Trend:
Short-Term: Bitcoin has broken the floor of a rising trend channel, suggesting a slower rise or potential sideways movement.
Medium/Long-Term: Despite the short-term slowdown, the long-term trend remains bullish, with Bitcoin testing resistance at ~$106,000–$110,000. A breakout above $111,000 could signal strong upward momentum.
Bearish Signals: Negative volume balance (higher volume on down days) and RSI divergence indicate potential for a short-term correction.
Key Levels:
Support: $102,400, $90,000
Resistance: $106,000–$110,000, with a critical zone at $110,000–$111,800. Breaking this could push BTC toward $125,000–$155,000.
-- Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
renderwithme
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renderwithme
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.