5-Day Supertrend might turn to Red – Pivot at $90K Holds the Key
🚨 5-Day Supertrend Alert: Potential Bearish Shift Ahead! 🚨
As a swing/long-term Bitcoin trader, I’m closely monitoring the 5-day Supertrend indicator. It’s nearing a bearish flip (turning red) 📉.
The pivotal level is 90K: if Bitcoin loses this, a drop toward 76K support becomes likely. Below 76K, we’ll need to reassess the cycle’s health.
For now, caution is key. A confirmed red Supertrend and a close under 90K would signal a deeper correction.
If the price holds 90K and the indicator reverses to green, bullish momentum could resume.
Stay vigilant and manage your risk accordingly! #Bitcoin #CryptoTrading #MarketAnalysis
As a swing/long-term Bitcoin trader, I’m closely monitoring the 5-day Supertrend indicator. It’s nearing a bearish flip (turning red) 📉.
The pivotal level is 90K: if Bitcoin loses this, a drop toward 76K support becomes likely. Below 76K, we’ll need to reassess the cycle’s health.
For now, caution is key. A confirmed red Supertrend and a close under 90K would signal a deeper correction.
If the price holds 90K and the indicator reverses to green, bullish momentum could resume.
Stay vigilant and manage your risk accordingly! #Bitcoin #CryptoTrading #MarketAnalysis
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