Description:
Bitcoin is rejecting major resistance near $94,000 after forming a bearish engulfing candle on the 4H chart.
• Key Resistance: $94,000–$95,000 zone rejected with strong selling pressure.
• RSI Divergence: Bearish divergence between price and RSI confirms weakness.
• Break of Support: Price broke minor support at $92,800, shifting short-term structure bearish.
• Moving Averages: Trading below the 50 EMA on the 4H chart, signaling bearish momentum.
Sell Setup:
• Look for entries around $93,500–$94,000 (retest zone).
• Stop-loss above $95,000.
• TP1: $91,000
• TP2: $88,500
Bitcoin is showing clear signs of a pullback — sellers are currently in control.
Bitcoin is rejecting major resistance near $94,000 after forming a bearish engulfing candle on the 4H chart.
• Key Resistance: $94,000–$95,000 zone rejected with strong selling pressure.
• RSI Divergence: Bearish divergence between price and RSI confirms weakness.
• Break of Support: Price broke minor support at $92,800, shifting short-term structure bearish.
• Moving Averages: Trading below the 50 EMA on the 4H chart, signaling bearish momentum.
Sell Setup:
• Look for entries around $93,500–$94,000 (retest zone).
• Stop-loss above $95,000.
• TP1: $91,000
• TP2: $88,500
Bitcoin is showing clear signs of a pullback — sellers are currently in control.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.