BTCUSD:Watching $76,400 support trendline break. Potential short
Bitcoin's bullish momentum has reached a critical juncture.
Key Levels:
- Support Trendline: $76,400
- Breakout Target: $69,720 (previous resistance)
- Long-term Target: $85,000+
Entry Strategy:
- Wait for break of support trendline ($75,400)
- Confirm bearish momentum
- Short positions considered
Market Sentiment:
- Cautious, awaiting break or bounce
Technical Indicators:
- RSI: Neutral (50-60)
- MACD: Converging lines
Near-term Outlook:
- Break below $76,400 may trigger sell-off
- Bounce or consolidation possible
- Long-term uptrend intact
Recommendation:
Monitor $76,400 support trendline closely. A break may present short-term opportunities.
Key Levels:
- Support Trendline: $76,400
- Breakout Target: $69,720 (previous resistance)
- Long-term Target: $85,000+
Entry Strategy:
- Wait for break of support trendline ($75,400)
- Confirm bearish momentum
- Short positions considered
Market Sentiment:
- Cautious, awaiting break or bounce
Technical Indicators:
- RSI: Neutral (50-60)
- MACD: Converging lines
Near-term Outlook:
- Break below $76,400 may trigger sell-off
- Bounce or consolidation possible
- Long-term uptrend intact
Recommendation:
Monitor $76,400 support trendline closely. A break may present short-term opportunities.
Dagangan aktif
Candles have broken Trendline support @ 76400
Heading for Next Trendline Support @ 76200
If Broken, heading for 76115 Level and I believe a small Pull back to 76350 zone.
Dagangan ditutup: sasaran tercapai
Failed to break bottom Trendline @ 76350.
Top resistance Trend line was broken @ 76700 area.
Very Bullish momentum. New All TimeHigh surged pass 81000!
Penafian
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