Hi traders! , Analyzing BTC/USD on the 30 minute timeframe, price is currently respecting an upward channel and showing consistent higher highs and higher lows. The recent bounce from dynamic support suggests bullish continuation.
🔹 Entry: 109,545
🔹 Take Profit (TP): 110,612
🔹 Stop Loss (SL): 108,438
Price is trading above both the 50 and 200 EMA, confirming bullish momentum. The RSI remains above the midline, indicating buyers are still in control. This long setup offers a favorable risk-reward ratio within the context of the broader uptrend.
A confirmed breakout from the short-term resistance, combined with trendline support and channel structure, adds confluence to this idea. Watch for potential resistance near the 110,612 zone.
⚠️ DISCLAIMER: This is not financial advice. Every trader is responsible for their own decisions and risk management.
🔹 Entry: 109,545
🔹 Take Profit (TP): 110,612
🔹 Stop Loss (SL): 108,438
Price is trading above both the 50 and 200 EMA, confirming bullish momentum. The RSI remains above the midline, indicating buyers are still in control. This long setup offers a favorable risk-reward ratio within the context of the broader uptrend.
A confirmed breakout from the short-term resistance, combined with trendline support and channel structure, adds confluence to this idea. Watch for potential resistance near the 110,612 zone.
⚠️ DISCLAIMER: This is not financial advice. Every trader is responsible for their own decisions and risk management.
İşlem kapandı: hedefe ulaştı
On Fire 🔥
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Feragatname
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🔥 Top indicators I personally use 👇
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.