🎯 BTC Technical Analysis | Sat 12/20 12:52PM EST BTC: 88,183.93 (+2,723.91) Momentum Dashboard: 5m ⬆️ MACD crossover with rising RSI 1H ⬆️ Bullish divergence on RSI 6H ⬇️ Bearish RSI trend, testing support 1D ➖ Consolidating in range after selloff 🔍 Architecture: Price coiling in 5m triangle pattern while testing 6H support zone Support/Resistance Lattices: 1D → 87,500 ← 89,200 6H → 87,800 ← 88,500 1H → 88,000 ← 88,300 5m → 88,150 ← 88,250 🎯 Multi-timeframe confluence: 5m bullish momentum meeting 6H support level Volume & Volatility: - ATR compression on higher timeframes - OBV trending higher on 1H - VWAP acting as intraday support ⚡️ Key Theme: Compression at major support precedes directional move Trade Setup: Long | 88,180 | Target 88,450/88,750 | Stop 87,950 | Risk 0.75% #btc #bitcoin #crypto #trading #ta #ai #lvrgd
Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.