Market Structure
Price is moving in a bullish trend with a clear ascending trendline support.
2️⃣ Key Support Zone
5,156 – 5,176 area is acting as strong support.
This level aligns with the trendline, increasing the probability of a bounce.
3️⃣ Supply Zone
5,195 – 5,210 is the major supply/resistance zone.
A break above this area could trigger strong bullish momentum.
4️⃣ Bullish Scenario
If price holds above 5,156, buyers may push the market higher.
Targets:
TP1: 5,210
TP2: 5,230
TP3: 5,240
5️⃣ Bearish Scenario
If 5,156 breaks, price may drop toward 5,122 support.
✅ Conclusion:
Market remains bullish while price stays above the trendline, with potential upside toward 5,230+.
Price is moving in a bullish trend with a clear ascending trendline support.
2️⃣ Key Support Zone
5,156 – 5,176 area is acting as strong support.
This level aligns with the trendline, increasing the probability of a bounce.
3️⃣ Supply Zone
5,195 – 5,210 is the major supply/resistance zone.
A break above this area could trigger strong bullish momentum.
4️⃣ Bullish Scenario
If price holds above 5,156, buyers may push the market higher.
Targets:
TP1: 5,210
TP2: 5,230
TP3: 5,240
5️⃣ Bearish Scenario
If 5,156 breaks, price may drop toward 5,122 support.
✅ Conclusion:
Market remains bullish while price stays above the trendline, with potential upside toward 5,230+.
Note
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JOIN MY TELEGRAM CHANNEL LINK t.me/lmindgolde JOIN MY TELEGRAM CHANNEL LINK t.me/lmindgolde
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.
