hello guys.
actually, btc surprised me!
Hunting Level Rejection:
Bitcoin has reached the hunting level (around $65,100), showing signs of resistance and potential reversal. The price briefly spiked into this level but faced rejection, signaling exhaustion in buying pressure.
Bearish Engulfing Potential:
If the price fails to hold the current level and shows a bearish engulfing pattern, it will likely initiate a downward move. This move would invalidate further bullish attempts in the short term.
First Target:
The first significant support zone lies around $63,100, which could act as the initial target for any downward momentum.
Final Target:
A stronger bearish continuation could drive the price toward $59,300 (the lower hunting level), aligning with prior accumulation zones and a solid demand area.
actually, btc surprised me!
Hunting Level Rejection:
Bitcoin has reached the hunting level (around $65,100), showing signs of resistance and potential reversal. The price briefly spiked into this level but faced rejection, signaling exhaustion in buying pressure.
Bearish Engulfing Potential:
If the price fails to hold the current level and shows a bearish engulfing pattern, it will likely initiate a downward move. This move would invalidate further bullish attempts in the short term.
First Target:
The first significant support zone lies around $63,100, which could act as the initial target for any downward momentum.
Final Target:
A stronger bearish continuation could drive the price toward $59,300 (the lower hunting level), aligning with prior accumulation zones and a solid demand area.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
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My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Proud ThinkMarkets Ambassador -> Discover & Grow: bit.ly/Think-Markets
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
