Hi!
Market Structure:
Bitcoin is currently trading inside a well-defined symmetrical triangle, characterized by a series of lower highs and higher lows. This structure reflects price compression and balance, not trend continuation.
Key Boundaries:
Price continues to respect both the descending upper boundary and the ascending lower boundary, confirming the validity of the pattern. No directional breakout has occurred yet.
Price Behavior:
Recent moves remain corrective, with repeated rejections from the upper boundary near 88.3k–88.5k, while buyers defend the rising support around 87k–86.8k.
Scenarios:
Bullish: A confirmed breakout and acceptance above the upper boundary would favor upside expansion.
Bearish: Rejection and loss of the lower boundary would shift momentum to the downside.
Market Structure:
Bitcoin is currently trading inside a well-defined symmetrical triangle, characterized by a series of lower highs and higher lows. This structure reflects price compression and balance, not trend continuation.
Key Boundaries:
Price continues to respect both the descending upper boundary and the ascending lower boundary, confirming the validity of the pattern. No directional breakout has occurred yet.
Price Behavior:
Recent moves remain corrective, with repeated rejections from the upper boundary near 88.3k–88.5k, while buyers defend the rising support around 87k–86.8k.
Scenarios:
Bullish: A confirmed breakout and acceptance above the upper boundary would favor upside expansion.
Bearish: Rejection and loss of the lower boundary would shift momentum to the downside.
Сделка закрыта: достигнута тейк-профит цена
just the long position hit the target
📊 AVATrade Ambassador Join & explore:
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
Похожие публикации
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.
📊 AVATrade Ambassador Join & explore:
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
Похожие публикации
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.