Timeframe: 1H
Exchange: Bitstamp
Bias: Bearish
Posted by: Indonesia1945
Bitcoin is currently holding above the 107,273 support zone after a sharp intraday sell-off. The price has failed to break this key level decisively, which opens the possibility of a short-term rebound before further downside continuation.
Technical Zone Identification:
Immediate Support: 107,273
Resistance to Watch: 107,770 (former support turned resistance)
Major Downside Target: 105,400
Indicator Support:
Price trades below EMA 14, indicating ongoing bearish pressure.
No bullish divergence on RSI, suggesting that any rebound may be corrective rather than trend-reversing.
Exchange: Bitstamp
Bias: Bearish
Posted by: Indonesia1945
Bitcoin is currently holding above the 107,273 support zone after a sharp intraday sell-off. The price has failed to break this key level decisively, which opens the possibility of a short-term rebound before further downside continuation.
Technical Zone Identification:
Immediate Support: 107,273
Resistance to Watch: 107,770 (former support turned resistance)
Major Downside Target: 105,400
Indicator Support:
Price trades below EMA 14, indicating ongoing bearish pressure.
No bullish divergence on RSI, suggesting that any rebound may be corrective rather than trend-reversing.
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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.
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.