The current zone is pivotal for confirming the bearish scenario on BTC.D.
Key Points:
- Death Cross on the 12h chart confirmed last week. - PA is retesting EMAs after the cross, increasing the likelihood of further downside. - This is a zone to add positions if weakness confirms.
Main Scenario:
1. Retest completion → continued downtrend. 2. Major support lies around 53%, with potential for deeper declines.
Risks:
A sustained move above the current MAs could invalidate the bearish outlook.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.