๐ Technical Overview:
BTC Price: Currently slightly beneath the $52,000 to $53,800 resistance zone.
Anticipation: Price might stabilize or retrace to support levels.
Support Levels: $47,000 - $48,000, minor support near $46,000.
Upside Targets: $56,000, $58,000 upon turning resistance into support.
๐๐ Trade Scenarios:
Stabilization/Retracement: May stabilize or retrace to support.
Support Turned Resistance: Watch for turning $52,000 - $53,800 into support.
Upside Potential: Targets at $56,000, $58,000 if resistance turns support.
๐๐ Note: Monitor price action for confirmation and adjust strategy accordingly. ๐๐ก #BTC #Bitcoin #CryptoTrading ๐๐
BTC Price: Currently slightly beneath the $52,000 to $53,800 resistance zone.
Anticipation: Price might stabilize or retrace to support levels.
Support Levels: $47,000 - $48,000, minor support near $46,000.
Upside Targets: $56,000, $58,000 upon turning resistance into support.
๐๐ Trade Scenarios:
Stabilization/Retracement: May stabilize or retrace to support.
Support Turned Resistance: Watch for turning $52,000 - $53,800 into support.
Upside Potential: Targets at $56,000, $58,000 if resistance turns support.
๐๐ Note: Monitor price action for confirmation and adjust strategy accordingly. ๐๐ก #BTC #Bitcoin #CryptoTrading ๐๐
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.