Is BTC Poised for a Pullback or Continuation? Key Levels on 3D

We’ve got a strong resistance level formed by the double top from Dec 14, 2024, and Jan 19, 2025.
✅ Price is above the 200MA, 50MA, and Bollinger Bands.
✅ MLR > SMA confirms the bullish momentum.
I don’t see any immediate reasons to panic. A pullback to the Bollinger Bands or even the 50MA could be in play, but the price action will depend heavily on macro conditions. 🌎
⚠️ If you're highly leveraged, consider risk management. Keep an eye on price action and stay cautious.
📈 Keep close, follow me for more insights, and thank you for reading! Stay safe. 🙏
✅ Price is above the 200MA, 50MA, and Bollinger Bands.
✅ MLR > SMA confirms the bullish momentum.
I don’t see any immediate reasons to panic. A pullback to the Bollinger Bands or even the 50MA could be in play, but the price action will depend heavily on macro conditions. 🌎
⚠️ If you're highly leveraged, consider risk management. Keep an eye on price action and stay cautious.
📈 Keep close, follow me for more insights, and thank you for reading! Stay safe. 🙏
Dagangan aktif
Price flipped the double top resistance into support and is now retesting that level for confirmation.Penerbitan berkaitan
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.
Penerbitan berkaitan
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.