Bitcoin Rejected at $87K: My Next Entries
2 extracted signals · 0 resolved · 2 still active
James GIndependent analyst profile- Source published
- 11 Oct 2026, 02:12 UTC
- Recorded by Tahlil Plus
- 11 Oct 2026, 07:08 UTC
AI-generated source summary
The analysis focuses on Bitcoin (BTCUSDT), Gram (GRAMUSDT), and Tao (TAOUSDT) across multiple timeframes, with a primary emphasis on daily and weekly charts. For BTCUSDT, the daily chart shows a potential inverse head and shoulders pattern with a target near $86,965.4, invalidated if price drops below $79,783.2. The weekly chart indicates Bitcoin is overbought but has been rejected at $87,000 resistance, with a potential for a drop. However, the daily chart shows a bullish signal with support identified around $80,000. For GRAMUSDT, the weekly chart reveals a significant rejection of a prior pump, with a current price of $1.471 and a potential buying area around $1.20. The daily chart suggests further consolidation, with potential for a bullish continuation above $1.451, targeting $1.654, with failure below $1.304. TAOUSDT on the daily chart shows a strong bounce from a marked support level around $231.80, with a descending triangle breakout suggesting bullish continuation. A retest of the $252.94 support is possible before a move towards the $341.07 resistance level, with failure below $231.80. The 4-hour chart on TAOUSDT shows a strong bounce from $252.94, indicating bullish momentum. The analysis overall suggests a bullish outlook for these assets with clear entry, target, and invalidation levels provided, primarily based on technical indicators and chart patterns.
AI-generated summary based on the source content.
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James G
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