Hi!
Market Structure:
Bitcoin is currently trading inside a well-defined symmetrical triangle, characterized by a series of lower highs and higher lows. This structure reflects price compression and balance, not trend continuation.
Key Boundaries:
Price continues to respect both the descending upper boundary and the ascending lower boundary, confirming the validity of the pattern. No directional breakout has occurred yet.
Price Behavior:
Recent moves remain corrective, with repeated rejections from the upper boundary near 88.3k–88.5k, while buyers defend the rising support around 87k–86.8k.
Scenarios:
Bullish: A confirmed breakout and acceptance above the upper boundary would favor upside expansion.
Bearish: Rejection and loss of the lower boundary would shift momentum to the downside.
Market Structure:
Bitcoin is currently trading inside a well-defined symmetrical triangle, characterized by a series of lower highs and higher lows. This structure reflects price compression and balance, not trend continuation.
Key Boundaries:
Price continues to respect both the descending upper boundary and the ascending lower boundary, confirming the validity of the pattern. No directional breakout has occurred yet.
Price Behavior:
Recent moves remain corrective, with repeated rejections from the upper boundary near 88.3k–88.5k, while buyers defend the rising support around 87k–86.8k.
Scenarios:
Bullish: A confirmed breakout and acceptance above the upper boundary would favor upside expansion.
Bearish: Rejection and loss of the lower boundary would shift momentum to the downside.
أغلقت الصفقة: تم الوصول للهدف
just the long position hit the target
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avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
📊 AVATrade Ambassador Join & explore:
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.