🇺🇸 [US SESSION] SUMMARY:
• BTC saw a slight wick rebound after a liquidation sweep pushed it to a 24-hour low of 82.787,25 USDT. It is currently trading around 83.238,78 USDT.
• The H1 structure remains in a clear downtrend, with price trapped below dynamic support levels that have now turned into resistance: MA(7) at 83.318,83 USDT, MA(25), and MA(99).
• The H1 MACD remains deep in negative territory (DIF: -474,77, DEA: -513,21), although the histogram shows a slight contraction with green bars. This suggests selling pressure has temporarily eased, but sellers remain in control.
🌏
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis
• BTC saw a slight wick rebound after a liquidation sweep pushed it to a 24-hour low of 82.787,25 USDT. It is currently trading around 83.238,78 USDT.
• The H1 structure remains in a clear downtrend, with price trapped below dynamic support levels that have now turned into resistance: MA(7) at 83.318,83 USDT, MA(25), and MA(99).
• The H1 MACD remains deep in negative territory (DIF: -474,77, DEA: -513,21), although the histogram shows a slight contraction with green bars. This suggests selling pressure has temporarily eased, but sellers remain in control.
🌏
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis