(BTC/USDT) Analysis: Supply Zone Rejection & Potential Drop to S
Supply Zone (~85,296 - 84,835):
The price has reached a supply zone, which is acting as resistance. A rejection from this area could push BTC down.
Support Zone (~82,260 - 81,977):
This is a demand area where buyers might step in if the price declines.
Indicators:
EMA 30 (Red Line - 83,553.82): Short-term trend indicator.
EMA 200 (Blue Line - 83,743.52): Long-term trend indicator, currently above the price, indicating potential resistance.
Price Action & Prediction:
The price has touched the supply zone and is showing signs of rejection.
The blue projected path suggests a potential pullback followed by a drop toward the support zone (~82,260).
If price breaks below the support zone, further downside could be expected.
Potential Trade Idea:
Short Setup: If rejection at the supply zone continues, a short position could target the 82,260 support zone.
Long Setup: If price reaches the support zone and shows bullish reactions, a long position could aim for a rebound toward resistance.
The price has reached a supply zone, which is acting as resistance. A rejection from this area could push BTC down.
Support Zone (~82,260 - 81,977):
This is a demand area where buyers might step in if the price declines.
Indicators:
EMA 30 (Red Line - 83,553.82): Short-term trend indicator.
EMA 200 (Blue Line - 83,743.52): Long-term trend indicator, currently above the price, indicating potential resistance.
Price Action & Prediction:
The price has touched the supply zone and is showing signs of rejection.
The blue projected path suggests a potential pullback followed by a drop toward the support zone (~82,260).
If price breaks below the support zone, further downside could be expected.
Potential Trade Idea:
Short Setup: If rejection at the supply zone continues, a short position could target the 82,260 support zone.
Long Setup: If price reaches the support zone and shows bullish reactions, a long position could aim for a rebound toward resistance.
Dagangan ditutup: sasaran tercapai
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.