- The current trend is structurally still bullish as it is above the equilibrium level of the last swing, but there are signs of consolidation (sideways) after the sharp rise. - Current price: 92,690 USDT, close to the last balance level of (,255 USDT) and slightly below the last swing high level of (94.594 USDT), well away from the last swing low level of (89.971 USDT). - Mixed indicators: MACD, Vortex, RSI, PSAR, Fisher show bearish pressure, while Momentum, Stochastic, DMI, and MFI support bullish. A low ADX signals weak trend strength — it can be prone to fakeouts. - ATR is low (559), volatility is not too high, so breakouts or reversals can be more slow.
📈 Key Levels:
- Nearest resistance at 92.387 and 91.976 — these areas are a short-term hike barrier. - There is a strong supply/resistance zone at 94,589-94,150 (tepat below the high swing terakhir). - Support/demand is nearest at 92,238 (tepat above the FVG kecil) area, and 90,885. - Further strong support at 89,500 and 89,529 (area demand as well as sebelumnya) consolidated base. - Major support at 87.719 and 87.772 — important areas for swing traders. - There is an imbalance area (FVG) below the current price, meaning that the potential for a retrace or downward fill is still open.
📌 Trading Ideas:
- Currently the price is close to minor resistance, so a small rejection potential could occur, especially if a reversal candle appears (misal the pin bar or engulfing bearish) around 92,387-91,976. - If the price is able to break and sustain above 92.387 by volume, the chances of further rise to 94.150-94.589 are very open. - If the price rejects at resistance, the potential to drop to 92,238 and even up to 90,885 is wide open. This area could be a (bounce) bounce spot for entry buys after confirmation of the reversal. - If the price breaks below 90,885, it will target a strong support area at 89,500-89,529, and can even continue to 87,719 if the selling pressure is large. #FedRateCutPrediction #JoinCreatorCertificationProgramToEarn$10,000
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$BTC General Evaluation:
- The current trend is structurally still bullish as it is above the equilibrium level of the last swing, but there are signs of consolidation (sideways) after the sharp rise.
- Current price: 92,690 USDT, close to the last balance level of (,255 USDT) and slightly below the last swing high level of (94.594 USDT), well away from the last swing low level of (89.971 USDT).
- Mixed indicators: MACD, Vortex, RSI, PSAR, Fisher show bearish pressure, while Momentum, Stochastic, DMI, and MFI support bullish. A low ADX signals weak trend strength — it can be prone to fakeouts.
- ATR is low (559), volatility is not too high, so breakouts or reversals can be more slow.
📈 Key Levels:
- Nearest resistance at 92.387 and 91.976 — these areas are a short-term hike barrier.
- There is a strong supply/resistance zone at 94,589-94,150 (tepat below the high swing terakhir).
- Support/demand is nearest at 92,238 (tepat above the FVG kecil) area, and 90,885.
- Further strong support at 89,500 and 89,529 (area demand as well as sebelumnya) consolidated base.
- Major support at 87.719 and 87.772 — important areas for swing traders.
- There is an imbalance area (FVG) below the current price, meaning that the potential for a retrace or downward fill is still open.
📌 Trading Ideas:
- Currently the price is close to minor resistance, so a small rejection potential could occur, especially if a reversal candle appears (misal the pin bar or engulfing bearish) around 92,387-91,976.
- If the price is able to break and sustain above 92.387 by volume, the chances of further rise to 94.150-94.589 are very open.
- If the price rejects at resistance, the potential to drop to 92,238 and even up to 90,885 is wide open. This area could be a (bounce) bounce spot for entry buys after confirmation of the reversal.
- If the price breaks below 90,885, it will target a strong support area at 89,500-89,529, and can even continue to 87,719 if the selling pressure is large.
#FedRateCutPrediction #JoinCreatorCertificationProgramToEarn$10,000