Hi!
On the 1H chart, Bitcoin is trading inside a short-term descending channel after rejecting the 70K region.
Price recently swept liquidity near the QML area around 66,000 – 66,200 and reacted from demand. Now the focus shifts to the upper boundary of the channel.
Key Levels
📈 Trade Scenario
If price breaks and holds above 68,000, it confirms channel breakout and shifts short-term momentum bullish.
🎯 Primary Target: 69,800
🎯 Extended Target: 70,100 – 70,150 liquidity zone
❌ Invalidation
Failure to break channel resistance and rejection below 67,000 keeps price rotating inside the channel.
The main idea is simple: Channel breakout = long setup toward the 70K liquidity zone.
On the 1H chart, Bitcoin is trading inside a short-term descending channel after rejecting the 70K region.
Price recently swept liquidity near the QML area around 66,000 – 66,200 and reacted from demand. Now the focus shifts to the upper boundary of the channel.
Key Levels
- Channel Support Reaction: ~66,000
- Breakout Level (Channel Resistance): ~67,800 – 68,000
- Major Resistance / Target Zone (Purple Area): 69,800 – 70,150
📈 Trade Scenario
If price breaks and holds above 68,000, it confirms channel breakout and shifts short-term momentum bullish.
🎯 Primary Target: 69,800
🎯 Extended Target: 70,100 – 70,150 liquidity zone
❌ Invalidation
Failure to break channel resistance and rejection below 67,000 keeps price rotating inside the channel.
The main idea is simple: Channel breakout = long setup toward the 70K liquidity zone.
Operación activa
Operación cerrada: precio stop alcanzado
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🔴 Forex channel: t.me/melikatrader94GoldForex
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📊 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
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.