BTC 1H TA โ Watching This Zone ๐
BTC is still showing a bearish structure on the 1H chart after the recent BOS to the downside.
Right now, price is consolidating around $83.8Kโ$84K, while the $84.2Kโ$84.5K area looks like an important supply/resistance zone.
My idea:
๐น If BTC pushes into $84.2Kโ$84.5K and gets rejected โ Iโll be watching for another move lower.
๐น If BTC breaks and holds above the supply zone โ the bearish setup becomes weaker, and Iโd look for higher levels.
๐น For now, Iโm not chasing the move. I want to see how price reacts at the marked zone first.
Key levels:
Resistance: $84.2Kโ$84.5K
Current area: ~$84K
Major support: ~$82.8K
This is just my personal BTC TA, not financial advice.
#BTC #Crypto #BTCUSDT #TechnicalAnalysis
BTC is still showing a bearish structure on the 1H chart after the recent BOS to the downside.
Right now, price is consolidating around $83.8Kโ$84K, while the $84.2Kโ$84.5K area looks like an important supply/resistance zone.
My idea:
๐น If BTC pushes into $84.2Kโ$84.5K and gets rejected โ Iโll be watching for another move lower.
๐น If BTC breaks and holds above the supply zone โ the bearish setup becomes weaker, and Iโd look for higher levels.
๐น For now, Iโm not chasing the move. I want to see how price reacts at the marked zone first.
Key levels:
Resistance: $84.2Kโ$84.5K
Current area: ~$84K
Major support: ~$82.8K
This is just my personal BTC TA, not financial advice.
#BTC #Crypto #BTCUSDT #TechnicalAnalysis
