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Let's analyze Bitcoin. Today, the market needs to make its final decision!
⏳ 4H Timeframe
After getting rejected from 66,634, Bitcoin has started a corrective phase, and today is a very important day in determining its next move.
✔️ If price closes below 64,848, a sharper correction could develop toward the 62,783 and 60,802 support levels.
📊 In that case, we can open a risky short position on a breakdown below 64,848.
⭐ For long positions, we should keep in mind that the 4-hour market structure remains bullish. A breakout above 66,634 is still a strong long trigger, and clearing this level could allow the bullish move to continue.
🧮 Today's volume will likely determine the direction of the trend. If buying volume enters the market, the probability of breaking above 66,634 will increase. If selling volume takes over instead, a deeper correction could unfold.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Let's analyze Bitcoin. Today, the market needs to make its final decision!
⏳ 4H Timeframe
After getting rejected from 66,634, Bitcoin has started a corrective phase, and today is a very important day in determining its next move.
✔️ If price closes below 64,848, a sharper correction could develop toward the 62,783 and 60,802 support levels.
📊 In that case, we can open a risky short position on a breakdown below 64,848.
⭐ For long positions, we should keep in mind that the 4-hour market structure remains bullish. A breakout above 66,634 is still a strong long trigger, and clearing this level could allow the bullish move to continue.
🧮 Today's volume will likely determine the direction of the trend. If buying volume enters the market, the probability of breaking above 66,634 will increase. If selling volume takes over instead, a deeper correction could unfold.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
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🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
💥 Don’t Miss Out!
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน