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Let’s move on to Bitcoin analysis, today the market has shown a lot of volatile and emotional moves.
⏳ 4-Hour Timeframe
Bitcoin broke the 79,285 resistance level with a strong candle, but now it looks like this move is turning into a fake breakout.
🔔 If this level gets faked and price fails to hold above the resistance, bearish momentum could enter the market.
⭐ In that case, on higher timeframes, price could move toward the support zones it has built — such as the 70,000 area.
⚖️ So, if 79,285 gets confirmed as a fake breakout and bearish momentum comes in, we can look for a short position.
📊 For long positions, if price manages to stabilize above 79,825, we can look for a pullback entry using momentum triggers like a candle setup. A move of RSI into the overbought zone could also act as a good trigger for the start of a strong upward move.
❌ 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 move on to Bitcoin analysis, today the market has shown a lot of volatile and emotional moves.
⏳ 4-Hour Timeframe
Bitcoin broke the 79,285 resistance level with a strong candle, but now it looks like this move is turning into a fake breakout.
🔔 If this level gets faked and price fails to hold above the resistance, bearish momentum could enter the market.
⭐ In that case, on higher timeframes, price could move toward the support zones it has built — such as the 70,000 area.
⚖️ So, if 79,285 gets confirmed as a fake breakout and bearish momentum comes in, we can look for a short position.
📊 For long positions, if price manages to stabilize above 79,825, we can look for a pullback entry using momentum triggers like a candle setup. A move of RSI into the overbought zone could also act as a good trigger for the start of a strong upward move.
❌ 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
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
💥 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
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.