$BTC next 24 hours: heavy while resistance caps it
Capped below: 78,659
Downside path: 77,577 then 76,694
Invalidated above: 79,920
BTC after the run: what the next session has to prove
BTC is at 78,466, down 0.7% over the last 24 hours.
The trend is down and bounces keep getting sold.
While 78,659 caps the bounces, pressure points to those targets. Reclaiming 79,920 squeezes shorts and flips the picture.
The faded path is one way this could play out. The levels are what you actually trade.
Trade BTC: spot https://www.binance.com/en/trade/BTC_USDT | futures https://www.binance.com/en/futures/BTCUSDT
$BTC #BTC #Write2Earn #ChartAnalysis #MarketPulse
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
Capped below: 78,659
Downside path: 77,577 then 76,694
Invalidated above: 79,920
BTC after the run: what the next session has to prove
BTC is at 78,466, down 0.7% over the last 24 hours.
The trend is down and bounces keep getting sold.
While 78,659 caps the bounces, pressure points to those targets. Reclaiming 79,920 squeezes shorts and flips the picture.
The faded path is one way this could play out. The levels are what you actually trade.
Trade BTC: spot https://www.binance.com/en/trade/BTC_USDT | futures https://www.binance.com/en/futures/BTCUSDT
$BTC #BTC #Write2Earn #ChartAnalysis #MarketPulse
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
