Hello Traders! 👋
What are your thoughts on Bitcoin ?
Bitcoin, after its recent sharp decline, has entered a corrective ascending channel and is now testing a major supply zone—an area where multiple key technical factors are converging.
This resistance zone marks a level where price has previously reacted bearishly, while also aligning with the 0.5 Fibonacci retracement and the upper boundary of the ascending channel. This confluence turns the area into a critical decision zone.
We expect price to get rejected from this zone and move toward the lower boundary of the channel, which remains the dominant scenario.
As long as price stays below this resistance area, the short-term outlook remains bearish.
Feel free to like and share your thoughts in the comments! ❤️
What are your thoughts on Bitcoin ?
Bitcoin, after its recent sharp decline, has entered a corrective ascending channel and is now testing a major supply zone—an area where multiple key technical factors are converging.
This resistance zone marks a level where price has previously reacted bearishly, while also aligning with the 0.5 Fibonacci retracement and the upper boundary of the ascending channel. This confluence turns the area into a critical decision zone.
We expect price to get rejected from this zone and move toward the lower boundary of the channel, which remains the dominant scenario.
As long as price stays below this resistance area, the short-term outlook remains bearish.
Feel free to like and share your thoughts in the comments! ❤️
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
✅MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
✅MY INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
✅MY INSTAGRAM:
instagram.com/marketanalaysis
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.