The BTC/USDT chart shows an interesting setup heading into the next trading sessions:
Support Zone: Dips into the $93K region are likely to attract strong buying interest, as this area is a critical support highlighted by the red zones ("Bear Day" & "Bear Week"). If the price holds this level, we could see a potential bullish reversal targeting the $100K psychological level, aligning with the "Bullish Swing" and weekly resistance zone.
Upside Potential: A bounce from $93K could send BTC soaring toward $100K, with the next key resistance at $99,500-$100,000, a confluence of major weekly swing levels.
Downside Risk: However, a daily close below $93K would be concerning, as it opens the door to lower levels, with the next target in the $91K-
92K region or even deeper. The red zones below $93K highlight areas of increased bearish momentum.
📊 Strategy:
Bullish Case: Long positions around $93K with tight stop-losses below the support zone. Targets:
97K, $99K, and $100K.
Bearish Case: Monitor for a confirmed breakdown below $93K for short setups targeting lower levels.
Patience is key! Let the levels dictate your next move. 🚀📉
Support Zone: Dips into the $93K region are likely to attract strong buying interest, as this area is a critical support highlighted by the red zones ("Bear Day" & "Bear Week"). If the price holds this level, we could see a potential bullish reversal targeting the $100K psychological level, aligning with the "Bullish Swing" and weekly resistance zone.
Upside Potential: A bounce from $93K could send BTC soaring toward $100K, with the next key resistance at $99,500-$100,000, a confluence of major weekly swing levels.
Downside Risk: However, a daily close below $93K would be concerning, as it opens the door to lower levels, with the next target in the $91K-
92K region or even deeper. The red zones below $93K highlight areas of increased bearish momentum.📊 Strategy:
Bullish Case: Long positions around $93K with tight stop-losses below the support zone. Targets:
97K, $99K, and $100K.Bearish Case: Monitor for a confirmed breakdown below $93K for short setups targeting lower levels.
Patience is key! Let the levels dictate your next move. 🚀📉
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.