Hello Traders! 👋
What are your thoughts on BITCOIN?
After the recent sharp decline, Bitcoin has entered a clear consolidation range. The upper and lower boundaries of this range are marked on the chart.
As long as price remains inside this range, we should not expect a strong directional move. Instead, price action is likely to remain choppy with back-and-forth movements
At this stage, patience is key. The next meaningful move will likely come only after a confirmed breakout from one of the range boundaries.
Bullish Scenario:
A breakout and 4H close above the resistance zone could trigger upside continuation toward the highlighted target levels.
Bearish Scenario:
A breakdown and close below the support zone could lead to further downside toward the previous low.
Until one of these levels is decisively broken, the market remains range-bound.
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on BITCOIN?
After the recent sharp decline, Bitcoin has entered a clear consolidation range. The upper and lower boundaries of this range are marked on the chart.
As long as price remains inside this range, we should not expect a strong directional move. Instead, price action is likely to remain choppy with back-and-forth movements
At this stage, patience is key. The next meaningful move will likely come only after a confirmed breakout from one of the range boundaries.
Bullish Scenario:
A breakout and 4H close above the resistance zone could trigger upside continuation toward the highlighted target levels.
Bearish Scenario:
A breakdown and close below the support zone could lead to further downside toward the previous low.
Until one of these levels is decisively broken, the market remains range-bound.
Don’t forget to like and share your thoughts in the comments! ❤️
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
✅MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
telegram.me/+1gFAIO4CJJw3NTU0
✅ MY INSTAGRAM :
instagram.com/marketanalaysis
telegram.me/+1gFAIO4CJJw3NTU0
✅ MY INSTAGRAM :
instagram.com/marketanalaysis
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.