BTCUSDT Perp 1h - V-Shape Recovery 83,933.3 (+1.85%)
Price: 83,933.3 | High: 84,046.5 | Low: 80,985.0
Analysis:
My measured drop -15,921 (-1.92%) in 8 Bars / 8h Vol 45.40k completed. After that BTC made strong V-Shape recovery +3,948.3 (+3.88%) from low.
Technical:
SAR 81,737.8 is now BELOW price - Bullish Flip confirmed, uptrend started.
MACD DIF 144.0 DEA -56.2 MACD 200.3 - Bullish crossover, green histogram.
RSI 76.0 - Overbought zone, possible short pullback but trend is bullish.
Volume BTC 432 USDT 36.3M MA5 4.87K MA10 8.34K - Real buying volume.
Levels:
Support: 82,836 / 81,737.8 / 80,985
Resistance: 84,046.5 / 84,199.6
Outlook: As long as price is above 81,737.8 SAR, bulls are in control. RSI overbought so be careful for new long at top.
Not financial advice, for education only.
#BTC #BTCUSDT #Bitcoin #BİNANCESQUARE
Price: 83,933.3 | High: 84,046.5 | Low: 80,985.0
Analysis:
My measured drop -15,921 (-1.92%) in 8 Bars / 8h Vol 45.40k completed. After that BTC made strong V-Shape recovery +3,948.3 (+3.88%) from low.
Technical:
SAR 81,737.8 is now BELOW price - Bullish Flip confirmed, uptrend started.
MACD DIF 144.0 DEA -56.2 MACD 200.3 - Bullish crossover, green histogram.
RSI 76.0 - Overbought zone, possible short pullback but trend is bullish.
Volume BTC 432 USDT 36.3M MA5 4.87K MA10 8.34K - Real buying volume.
Levels:
Support: 82,836 / 81,737.8 / 80,985
Resistance: 84,046.5 / 84,199.6
Outlook: As long as price is above 81,737.8 SAR, bulls are in control. RSI overbought so be careful for new long at top.
Not financial advice, for education only.
#BTC #BTCUSDT #Bitcoin #BİNANCESQUARE