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Let’s move on to Bitcoin analysis, the market is still sitting at a very important level.
⏳ 1-Hour Timeframe
🔥 On the 1-hour chart, Bitcoin has formed a structure inside the resistance zone we discussed in previous analyses.
🎯 At the moment, the midline of the channel has been broken, and price has found support around 77,369.
✨ If 77,369 breaks, it will confirm that price has been rejected from the higher timeframe resistance, and in that case, bearish momentum can enter the market, pushing price lower.
✔️ A break below 77,369 could give a very risky short entry. Personally, I prefer to wait and look for shorts after a full channel breakdown.
⚖️ For longs, the plan is clear: a break above 79,285, along with increasing buying volume, would give us a long position trigger.
❌ 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 market is still sitting at a very important level.
⏳ 1-Hour Timeframe
🔥 On the 1-hour chart, Bitcoin has formed a structure inside the resistance zone we discussed in previous analyses.
🎯 At the moment, the midline of the channel has been broken, and price has found support around 77,369.
✨ If 77,369 breaks, it will confirm that price has been rejected from the higher timeframe resistance, and in that case, bearish momentum can enter the market, pushing price lower.
✔️ A break below 77,369 could give a very risky short entry. Personally, I prefer to wait and look for shorts after a full channel breakdown.
⚖️ For longs, the plan is clear: a break above 79,285, along with increasing buying volume, would give us a long position trigger.
❌ 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
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.
💥 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
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.