Market Structure
Price is moving inside an ascending channel (higher highs + higher lows).
Short-term momentum is bullish.
Price is currently near the upper boundary resistance of the channel (~68.4k).
This is a typical trend continuation setup if support holds.
📍 Key Levels
🟢 Entry Zone
Around 68,300 – 68,450
This aligns with:
Channel support retest
Short-term consolidation
Dynamic support (EMA area)
🔵 Target
Around 69,550 – 69,600
Near previous local high
Upper channel resistance
Psychological 69.5k area
Projected move ≈ +1.8%
🔴 Stop Loss
Around 67,350 – 67,400
Below structure low
Below channel support
Break = bullish structure invalidated
📊 Risk–Reward
Risk ≈ 1.3%
Reward ≈ 1.8%
RR ≈ 1 : 1.4
Decent for intraday continuation, but not exceptional. A deeper pullback entry would improve RR.
🧠 What Must Happen
✅ Price must hold above 68,000–68,200
✅ No strong rejection candles from channel top
✅ Volume expansion on breakout above 68,600
⚠️ Invalidation Scenario
If BTC:
Breaks below 67,350
Closes strongly outside the channel
Then next likely support sits around:
66,800
66,200
That would shift short-term bias bearish.
🎯 Trade Type
This is a:
Bullish continuation setup inside an ascending channel
Works best in:
Trending market
During active session (US volatility)
Price is moving inside an ascending channel (higher highs + higher lows).
Short-term momentum is bullish.
Price is currently near the upper boundary resistance of the channel (~68.4k).
This is a typical trend continuation setup if support holds.
📍 Key Levels
🟢 Entry Zone
Around 68,300 – 68,450
This aligns with:
Channel support retest
Short-term consolidation
Dynamic support (EMA area)
🔵 Target
Around 69,550 – 69,600
Near previous local high
Upper channel resistance
Psychological 69.5k area
Projected move ≈ +1.8%
🔴 Stop Loss
Around 67,350 – 67,400
Below structure low
Below channel support
Break = bullish structure invalidated
📊 Risk–Reward
Risk ≈ 1.3%
Reward ≈ 1.8%
RR ≈ 1 : 1.4
Decent for intraday continuation, but not exceptional. A deeper pullback entry would improve RR.
🧠 What Must Happen
✅ Price must hold above 68,000–68,200
✅ No strong rejection candles from channel top
✅ Volume expansion on breakout above 68,600
⚠️ Invalidation Scenario
If BTC:
Breaks below 67,350
Closes strongly outside the channel
Then next likely support sits around:
66,800
66,200
That would shift short-term bias bearish.
🎯 Trade Type
This is a:
Bullish continuation setup inside an ascending channel
Works best in:
Trending market
During active session (US volatility)
join my telegram channel t.me/goldsignalicthttps://t.me/goldsignalicthttps://t.me/goldsignalict
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
join my telegram channel t.me/goldsignalicthttps://t.me/goldsignalicthttps://t.me/goldsignalict
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน