⚪ $BTC | Morning update 29/10
💰 Price: 79,950 (-1.2% 24h)
📊 24h range: 79,880 – 81,820
🔍 Based on multi-timeframe RSI + Baseline indicators:
🔻 15m: RSI touched the 20 zone; downward momentum is emerging (Phase 1)
🔻 30m, 1H: RSI is below EMA9 & WMA45, and price has fallen below the Baseline
⚖️ 4H, 12H: RSI is still above both moving averages; higher timeframes have not yet aligned with a downtrend
🧭 Resistance: 81,000 – 81,800 | Support: 79,500
⏳ No entry signal yet. Wait for the 15m chart to complete its rebound (Phase 2) and for higher timeframes to align before considering a SHORT trade.
⚠️ Maximum risk: 1% of account per trade. This is not investment advice.
#BTC #Bitcoin #Crypto
💰 Price: 79,950 (-1.2% 24h)
📊 24h range: 79,880 – 81,820
🔍 Based on multi-timeframe RSI + Baseline indicators:
🔻 15m: RSI touched the 20 zone; downward momentum is emerging (Phase 1)
🔻 30m, 1H: RSI is below EMA9 & WMA45, and price has fallen below the Baseline
⚖️ 4H, 12H: RSI is still above both moving averages; higher timeframes have not yet aligned with a downtrend
🧭 Resistance: 81,000 – 81,800 | Support: 79,500
⏳ No entry signal yet. Wait for the 15m chart to complete its rebound (Phase 2) and for higher timeframes to align before considering a SHORT trade.
⚠️ Maximum risk: 1% of account per trade. This is not investment advice.
#BTC #Bitcoin #Crypto