Accurate chart analysis $BTC $CRV $NOT
📉💔
The following key levels and indicators are visible on the BTC chart:
Current price: $67,669.84 🔴.
Support levels: $66,430.32 🔻 and $61,000.00 🆘.
Resistance levels: $69,024.01 🔺 and $72,000.00 🚧.
Analysis:
Trend: BTC is in a sideways channel 📊 with resistance at $72,000 🚀 and support at $66,430.32 🛡️. A break down through $66,430.32 could lead to a further fall to the $61,000.00 level 📉.
Indicators: The chart shows that BTC is trading below the moving average (MA) 9 ($68,284.74) ⬇️, which indicates a possible continuation of the bearish trend 🐻. The SAR indicator is above the current price ($66,430.32) 📈, confirming downside pressure 💔.
Volume: Trading volume is relatively low (172) 📉, which may indicate insufficient support for the bullish move 📉📉.
🔴 Conclusion: BTC is under pressure and may continue to decline towards the nearest support level at $66,430.32 🚨. If this level does not hold, a decline to $61,000.00 is possible 🆘. Traders should be careful and keep an eye on these key levels. 📉🔴📊