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Let’s move on to Bitcoin analysis, the bullish trend might be starting.
⌛️ 1-Hour Timeframe
Bitcoin activated our 80,418 trigger yesterday and made its upward move, reaching the 82,529 area.
🔔 If you haven’t taken profits yet, the rejection from 82,529 can be a reasonable signal to secure profits.
✔️ There’s a divergence forming on RSI, but it hasn’t been activated yet. It will only become valid if RSI stabilizes below 50. As long as RSI stays above this level, the divergence isn’t important.
⭐️ A break above 82,529 can give us a new long entry, but this trigger is naturally riskier than 80,418, so make sure to manage your risk properly. Also, RSI entering the overbought zone can be a strong signal for the start of the next bullish leg.
❌ 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, the bullish trend might be starting.
⌛️ 1-Hour Timeframe
Bitcoin activated our 80,418 trigger yesterday and made its upward move, reaching the 82,529 area.
🔔 If you haven’t taken profits yet, the rejection from 82,529 can be a reasonable signal to secure profits.
✔️ There’s a divergence forming on RSI, but it hasn’t been activated yet. It will only become valid if RSI stabilizes below 50. As long as RSI stays above this level, the divergence isn’t important.
⭐️ A break above 82,529 can give us a new long entry, but this trigger is naturally riskier than 80,418, so make sure to manage your risk properly. Also, RSI entering the overbought zone can be a strong signal for the start of the next bullish leg.
❌ 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
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
💥 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
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.