BTC remains bullish in the short term, trading within the rising channel marked in blue.
After the recent rally, a healthy pullback would not be surprising. In fact, it could provide the next opportunity for buyers to step in. 📈
As BTC retests the intersection of the blue structure and the lower bound of the rising channel, we will be looking for trend-following longs.
This confluence combines horizontal support with dynamic trendline support, creating a high-probability area for a bullish reaction.
🎯 The main target remains the supply zone marked in red, which is currently acting as a magnet for price.
As long as the channel structure remains intact, the path of least resistance remains higher.
Will buyers defend support and push BTC toward the magnet above? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
After the recent rally, a healthy pullback would not be surprising. In fact, it could provide the next opportunity for buyers to step in. 📈
As BTC retests the intersection of the blue structure and the lower bound of the rising channel, we will be looking for trend-following longs.
This confluence combines horizontal support with dynamic trendline support, creating a high-probability area for a bullish reaction.
🎯 The main target remains the supply zone marked in red, which is currently acting as a magnet for price.
As long as the channel structure remains intact, the path of least resistance remains higher.
Will buyers defend support and push BTC toward the magnet above? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.