Here's a simply analysis on BTC.

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BTC Update:

BTC faced rejection after reaching $97.8k, and with the current price at $94.4k, it is now in Retest Range 1 between $92.5k and $94.5k. This range has previously shown multiple rebounds, but when compared with the RSI, the chances of further rejection appear higher.

In another scenario, if BTC fails to hold Retest Range 1, we may see it pulling back or retesting levels around $87k.

Be cautious with multiple long positions for now and always trade with a proper stop-loss.

Regards,
Dexter

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.