ests a potential reversal or bounce by Wednesday, based on loyalty labels on multiple timeframes (TFs) đ.
*Key Signals* đ:
- *4-hour TF*: Strong signal of a potential low, with a fourth additional mark confirming the likelihood of a reversal đź.
- *3-hour TF*: Additional fourth mark fixed đ„.
- *5-hour TF*: Additional fourth mark on the current candle đ€.
- *12-hour TF*: Two marks of the low, a great combination for a potential reversal đ.
*Support Levels* đĄïž:
- *EMA 200*: 12-hour TF and 18-hour TF đ°ïž.
- *EMA 50*: 2-day TF đ.
*Concerns for Growth* â ïž:
- *Stable Downtrends*: Observed on 8-hour, 12-hour, and 18-hour TFs đ.
- *Important EMAs*: Price below EMA 50 of the daily TF (113,905$) and struggling to consolidate above 112,577$ đ€.
*Long Position Conditions* đ:
- *Strong Signal*: Potential low on TFs from 15 minutes and higher đź.
- *Stable Uptrend*: Transition to a stable uptrend on TFs from hourly or 2-hour and higher đ.
*Key Levels to Watch* đ:
- *Resistance*: 114,000$ đ§.
- *Support*: 111,199$, 110,198$, 109,446$ đĄïž.
#BTCAnalysis #ReversalExpected #TradingStrategy #BinanceSquareAlert
