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Let's analyze Bitcoin. Today could be a decisive day for the market!
⏳ 1H Timeframe
Yesterday, after reacting to the 66,634 level, Bitcoin entered a corrective phase and is now trying to hold below 65,611.
📊 If price manages to close below this level, a deeper correction could develop toward the lower support levels.
⛏ In that case, we can look for short-term triggers to open a few risky short positions.
🧮 On the other hand, if price fakes the breakdown of this support, the bullish move could continue. In that scenario, our main long trigger will be a breakout above 66,634.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Let's analyze Bitcoin. Today could be a decisive day for the market!
⏳ 1H Timeframe
Yesterday, after reacting to the 66,634 level, Bitcoin entered a corrective phase and is now trying to hold below 65,611.
📊 If price manages to close below this level, a deeper correction could develop toward the lower support levels.
⛏ In that case, we can look for short-term triggers to open a few risky short positions.
🧮 On the other hand, if price fakes the breakdown of this support, the bullish move could continue. In that scenario, our main long trigger will be a breakout above 66,634.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
💥 Don’t Miss Out!
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
💥 Don’t Miss Out!
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.