BTC has reacted exactly as expected from the Reversal Area, bouncing back with significant strength. The price action suggests a potential move toward the $85K-$86K resistance zone, where we will look for a breakout or rejection confirmation.
📊 Technical Analysis:
Support Held: BTC respected the Reversal Area, leading to a bullish response.
Potential Trendline Break: The descending curve may soon be invalidated if BTC maintains momentum.
Key Resistance Ahead: The $85K-$86K zone is a supply area where sellers could step in.
🛠 Trading Plan:
📌 Bullish Case: A strong breakout above $86K could trigger a move toward $90K+.
📌 Bearish Case: A rejection could offer another buying opportunity near $78K-$80K.
📢 What’s your outlook? Comment below! Follow for timely market updates. 📈
#BTCUSDT #CryptoTrading #Bitcoin #TechnicalAnalysis #Crypto
📊 Technical Analysis:
Support Held: BTC respected the Reversal Area, leading to a bullish response.
Potential Trendline Break: The descending curve may soon be invalidated if BTC maintains momentum.
Key Resistance Ahead: The $85K-$86K zone is a supply area where sellers could step in.
🛠 Trading Plan:
📌 Bullish Case: A strong breakout above $86K could trigger a move toward $90K+.
📌 Bearish Case: A rejection could offer another buying opportunity near $78K-$80K.
📢 What’s your outlook? Comment below! Follow for timely market updates. 📈
#BTCUSDT #CryptoTrading #Bitcoin #TechnicalAnalysis #Crypto
Penafian
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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.