BTC 1h update
Actualizado
On the daily chart, the market is in a consolidation phase, showing both a single-bar upthrust and a double-bar spring. On the 1-hour chart, a downtrend began on December 9 at 11:00 PM. For a potential short position, watch for an upthrust near the 98,320 resistance level, confirmed by strong volume and price action.
Operación cerrada: objetivo alcanzado
The price reached the sell zone, made a slight false breakout (upthrust), and then dropped as anticipated. Although the upthrust wasn't as pronounced as desired, the decline could continue toward the support level at 94,050. However, this isn't guaranteed, so it's important to monitor the price action closely.
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