💀 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 Bitcoin chart, after the last attempt to push toward resistance, it faced a strong rejection at $115,000 and moved toward the box's lower boundary. Currently in the alarm zone for a short position, but personally, I wouldn’t open a short here.
⚙️ Key RSI levels are 45 and 20. The 20 level is a support in the heart of oversold territory, where Bitcoin’s volatility spikes and often sees a reversal. The 45 level acts as resistance, with volatility triggering reversals upon hitting it.
🕯 Volume shows larger and more frequent red candles, with price heading toward its support levels.
💵 USDT.D broke and held above 4.27% but got rejected at 4.4%. A break and hold above 4.4% could increase selling pressure on Bitcoin.
🔔 Bitcoin’s alarm zones today aren’t very logical, so we can focus on altcoins instead. I’ll post a few altcoin picks on TradingView and the channel today.
❤️ 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 Bitcoin chart, after the last attempt to push toward resistance, it faced a strong rejection at $115,000 and moved toward the box's lower boundary. Currently in the alarm zone for a short position, but personally, I wouldn’t open a short here.
⚙️ Key RSI levels are 45 and 20. The 20 level is a support in the heart of oversold territory, where Bitcoin’s volatility spikes and often sees a reversal. The 45 level acts as resistance, with volatility triggering reversals upon hitting it.
🕯 Volume shows larger and more frequent red candles, with price heading toward its support levels.
💵 USDT.D broke and held above 4.27% but got rejected at 4.4%. A break and hold above 4.4% could increase selling pressure on Bitcoin.
🔔 Bitcoin’s alarm zones today aren’t very logical, so we can focus on altcoins instead. I’ll post a few altcoin picks on TradingView and the channel today.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
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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.