Mr SMC Trading point update
bullish analysis of Bitcoin (BTC/USD) on the 4-hour timeframe, showing a potential breakout and rally scenario. breakdown:
---
1. Market Structure:
Downtrend Channel: Price has been moving within a falling channel.
Double Bottom Pattern: Marked by two green arrows — a bullish reversal signal.
Breakout Attempt: Price is testing the upper trendline and 200 EMA (~$83,952), suggesting possible breakout.
---
2. Key Zones:
FVG (Fair Value Gap): Around $78,678 — a demand zone where price could retest before moving higher.
Breakout Confirmation Zone: ~$85,130 — breaking above this with volume signals strength.
Target Point: $95,206 — an upside target projecting ~31.77% gain from the breakout.
---
3. Indicators:
200 EMA: Currently acting as resistance. Break above it confirms bullish momentum.
RSI: Around 60 — pointing upward with bullish divergence from recent lows, showing increasing buying pressure.
---
4. Scenarios:
Scenario 1 (Bullish Continuation):
Breaks above trendline and 200 EMA.
Retest (optional) and then heads toward $95,206 target.
Scenario 2 (Retest First):
Price dips into the FVG/demand zone.
Finds support and launches upwards, confirming a strong base.
Mr SMC Trading point
---
Summary of the Idea:
This is a buy setup on breakout or on pullback:
Aggressive Entry: Break and close above $85,130.
Safe Entry: Pullback into $78,678 area (FVG).
Target: $95,206
Risk Zone: Below $78,000 (invalidates bullish structure).
Pales support boost 🚀 analysis follow)
bullish analysis of Bitcoin (BTC/USD) on the 4-hour timeframe, showing a potential breakout and rally scenario. breakdown:
---
1. Market Structure:
Downtrend Channel: Price has been moving within a falling channel.
Double Bottom Pattern: Marked by two green arrows — a bullish reversal signal.
Breakout Attempt: Price is testing the upper trendline and 200 EMA (~$83,952), suggesting possible breakout.
---
2. Key Zones:
FVG (Fair Value Gap): Around $78,678 — a demand zone where price could retest before moving higher.
Breakout Confirmation Zone: ~$85,130 — breaking above this with volume signals strength.
Target Point: $95,206 — an upside target projecting ~31.77% gain from the breakout.
---
3. Indicators:
200 EMA: Currently acting as resistance. Break above it confirms bullish momentum.
RSI: Around 60 — pointing upward with bullish divergence from recent lows, showing increasing buying pressure.
---
4. Scenarios:
Scenario 1 (Bullish Continuation):
Breaks above trendline and 200 EMA.
Retest (optional) and then heads toward $95,206 target.
Scenario 2 (Retest First):
Price dips into the FVG/demand zone.
Finds support and launches upwards, confirming a strong base.
Mr SMC Trading point
---
Summary of the Idea:
This is a buy setup on breakout or on pullback:
Aggressive Entry: Break and close above $85,130.
Safe Entry: Pullback into $78,678 area (FVG).
Target: $95,206
Risk Zone: Below $78,000 (invalidates bullish structure).
Pales support boost 🚀 analysis follow)
(Services:✔️ JOIN Telegram channel
#Gold trading ★Analysis★ 📊
Gold trading signals 🚀 99%
t.me/SmcTradingPoin
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
#Gold trading ★Analysis★ 📊
Gold trading signals 🚀 99%
t.me/SmcTradingPoin
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
(Services:✔️ JOIN Telegram channel
#Gold trading ★Analysis★ 📊
Gold trading signals 🚀 99%
t.me/SmcTradingPoin
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
#Gold trading ★Analysis★ 📊
Gold trading signals 🚀 99%
t.me/SmcTradingPoin
Join my recommended broker , link 👇
World best broker exness ✅D
one.exnesstrack.org/a/l1t1rf3p6v
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.