BitcoinSingkat
"BTC/USD Double Top Breakdown: Targeting Key Support at 92,000"
This chart for BTC/USD highlights the following key points:
1. **Double Top Formation**:
- A clear double top pattern is visible around the 108,000 resistance zone.
- This is a bearish reversal signal, indicating a potential move downward.
2. **Break of Trendline Support**:
- The price has broken below the ascending trendline, further confirming bearish momentum.
3. **Price Targets**:
- The next major support zone appears to be around 92,000–88,000, which aligns with the highlighted horizontal demand area.
4. **Bearish Volume Profile**:
- Significant selling volume is noted after the rejection from the resistance zone, reinforcing the downside bias.
Summary:
BTC/USD is showing strong bearish signals after failing at the 108,000 resistance and forming a double top. The break of the trendline suggests a continuation to the downside, with a target around 92,000–88,000. Traders should watch for retests of the broken support or confirmation of further downside momentum.
1. **Double Top Formation**:
- A clear double top pattern is visible around the 108,000 resistance zone.
- This is a bearish reversal signal, indicating a potential move downward.
2. **Break of Trendline Support**:
- The price has broken below the ascending trendline, further confirming bearish momentum.
3. **Price Targets**:
- The next major support zone appears to be around 92,000–88,000, which aligns with the highlighted horizontal demand area.
4. **Bearish Volume Profile**:
- Significant selling volume is noted after the rejection from the resistance zone, reinforcing the downside bias.
Summary:
BTC/USD is showing strong bearish signals after failing at the 108,000 resistance and forming a double top. The break of the trendline suggests a continuation to the downside, with a target around 92,000–88,000. Traders should watch for retests of the broken support or confirmation of further downside momentum.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
If you want to receive more Analysis signals, please join our Telegram channel. t.me/+JLFlD0eg3LFjNjU8
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.