💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing BTC on the 1-hour timeframe timeframe .
👀 On the 1-hour timeframe, we can see that Bitcoin, after losing the $115,000 support zone, moved toward its next support at $113,000 .
⚙️ Our key RSI zone is 27.89, and if this level is lost, Bitcoin will face more selling pressure. The next key RSI zone is 49.74, and breaking above this level could push Bitcoin higher .
🕯 The size of the red candles has increased, and with each rise in trading volume, selling pressure grows stronger. Step by step, as supports are lost (big money in whale wallets and unrealized positions being released), Bitcoin faces heavier selling pressure .
💵 USD.D on the 1-hour timeframe is moving upward and is facing a strong resistance around 4.5%. If this resistance is broken, Bitcoin will likely come under even more selling pressure .
🔔 Our Bitcoin alert zone is set at $113,000: if this zone is broken, Bitcoin could fall to lower support levels. Our alert zone for a long trade is $115,000, and by observing price action around these two zones, we can identify the best type of trade .
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
⏰ We’re analyzing BTC on the 1-hour timeframe timeframe .
👀 On the 1-hour timeframe, we can see that Bitcoin, after losing the $115,000 support zone, moved toward its next support at $113,000 .
⚙️ Our key RSI zone is 27.89, and if this level is lost, Bitcoin will face more selling pressure. The next key RSI zone is 49.74, and breaking above this level could push Bitcoin higher .
🕯 The size of the red candles has increased, and with each rise in trading volume, selling pressure grows stronger. Step by step, as supports are lost (big money in whale wallets and unrealized positions being released), Bitcoin faces heavier selling pressure .
💵 USD.D on the 1-hour timeframe is moving upward and is facing a strong resistance around 4.5%. If this resistance is broken, Bitcoin will likely come under even more selling pressure .
🔔 Our Bitcoin alert zone is set at $113,000: if this zone is broken, Bitcoin could fall to lower support levels. Our alert zone for a long trade is $115,000, and by observing price action around these two zones, we can identify the best type of trade .
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
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t.me/satoshiframe
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
join our Telegram channel for more insightful and educational content .
t.me/satoshiframe
t.me/satoshiframe
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.