BTC short-term trend under pressure, focus on key support
According to the 90 minute cycle display, member indicators have detected that prices continue to run below the EMA24 and EMA52 moving averages, and the slope of the double moving averages is downward, indicating strong downward momentum. Based on the distribution of chips, the current price is approaching the resistance zone of 90150.5, but lacks trading volume coordination and lacks upward momentum. Although KDJ is in an oversold area, the black three soldier pattern and belt catching signal have strengthened short-term bearish expectations. If it falls below the low point of 85935.66, it may accelerate its downward trend to support 85146.64. Activate membership now and receive accurate trend alerts! The data is sourced from the PRO member's [BTC/USDT Binance 90 minute] candlestick, for reference only, and does not constitute any investment advice.
