BTCUSD (2H chart) – pattern.
(Educational view, not financial advice)
From my chart, price has broken down from the support zone and momentum is bearish.
🎯 Downside Targets
Target 1: 89,000 – 88,800 (minor support / reaction zone)
Target 2: 87,800 – 87,500 (strong support, marked as target area on my chart)
Extended Target: 86,800 – 86,500 (only if strong selling continues)
⛔ Resistance / Invalidation
Resistance: 91,200 – 91,500
If price closes above 91.5k on 2H, bearish view becomes weak.
📌 Market Structure
Lower highs + strong bearish candle
Price below cloud / key support
Bias remains sell on pullback unless structure changes.
(Educational view, not financial advice)
From my chart, price has broken down from the support zone and momentum is bearish.
🎯 Downside Targets
Target 1: 89,000 – 88,800 (minor support / reaction zone)
Target 2: 87,800 – 87,500 (strong support, marked as target area on my chart)
Extended Target: 86,800 – 86,500 (only if strong selling continues)
⛔ Resistance / Invalidation
Resistance: 91,200 – 91,500
If price closes above 91.5k on 2H, bearish view becomes weak.
📌 Market Structure
Lower highs + strong bearish candle
Price below cloud / key support
Bias remains sell on pullback unless structure changes.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.