BTC 30 minutes chart
The chart appears to represent a technical analysis of Bitcoin (BTC/USDT) on the 30-minute timeframe from Binance. Here are the main points:
1. Current Price:
Bitcoin is trading at $96,060.81 as of the timestamp on the chart.
2. Sell Zone:
A red rectangular area indicates a sell zone between approximately $98,000 and $100,000.
This is a resistance area where sellers are expected to dominate, potentially causing a price reversal.
3. Target Zone:
The target zone is highlighted in yellow, ranging from $85,089.09 to $87,256.45.
This indicates a bearish target if the price fails to hold above key support levels and drops below the sell zone.
4. Scenario Paths:
Bullish Scenario: The green arrow suggests that if Bitcoin breaks above the sell zone (around $98,000–$100,000), it could rally to the next major resistance level at $107,421.48.
Bearish Scenario: The white arrow projects that if Bitcoin rejects the sell zone and breaks below support levels, it may drop toward the target zone near $85,000.
5. Technical Patterns:
The chart illustrates potential breakout and breakdown scenarios, showing price trends and reactions to key levels.
1. Current Price:
Bitcoin is trading at $96,060.81 as of the timestamp on the chart.
2. Sell Zone:
A red rectangular area indicates a sell zone between approximately $98,000 and $100,000.
This is a resistance area where sellers are expected to dominate, potentially causing a price reversal.
3. Target Zone:
The target zone is highlighted in yellow, ranging from $85,089.09 to $87,256.45.
This indicates a bearish target if the price fails to hold above key support levels and drops below the sell zone.
4. Scenario Paths:
Bullish Scenario: The green arrow suggests that if Bitcoin breaks above the sell zone (around $98,000–$100,000), it could rally to the next major resistance level at $107,421.48.
Bearish Scenario: The white arrow projects that if Bitcoin rejects the sell zone and breaks below support levels, it may drop toward the target zone near $85,000.
5. Technical Patterns:
The chart illustrates potential breakout and breakdown scenarios, showing price trends and reactions to key levels.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.