Hello guys!
Bitcoin has been trading inside a clear range after breaking the previous trendline.
We had a Supply & Demand (S&D) reaction at the range’s beginning, and price is now moving lower after failing to hold above the broken trendline.
Currently, Bitcoin is approaching the demand zone (highlighted in blue). If price respects this area, we could see a bounce. Otherwise, a breakdown could trigger further downside movement along the lower channel.
For now, the bias remains cautious, watching how the price reacts to the 111,000–112,000 USDT zone will be key.
Bitcoin has been trading inside a clear range after breaking the previous trendline.
We had a Supply & Demand (S&D) reaction at the range’s beginning, and price is now moving lower after failing to hold above the broken trendline.
Currently, Bitcoin is approaching the demand zone (highlighted in blue). If price respects this area, we could see a bounce. Otherwise, a breakdown could trigger further downside movement along the lower channel.
For now, the bias remains cautious, watching how the price reacts to the 111,000–112,000 USDT zone will be key.
Trade chiuso: obiettivo raggiunto
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🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
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🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
🔴 Forex channel: t.me/melikatrader94GoldForex
🟢 ADX & DFM channel: t.me/ADXandDFM
🔴 Tiktok: tiktok.com/@melikatrader94?is_from_webapp=1&sender_device=pc
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.