BTCUSD Ascending channel reversal from resistance 104,900

11 May

BTCUSD Technical Outlook

Price is currently reacting from the ascending channel resistance near $104,900, signaling a potential channel reversal.

Fair Value Gap (FVG) observed from $98,800 to $97,200 – acting as a short-term retracement target.

First target: $97,200 (FVG Fill)

Second target: $87,000 – potential continuation if bearish momentum holds.

Watching Demand Zone at $83,100 for strong bullish interest or reversal signs.


Staying alert for price action confirmation.

#Bitcoin #CryptoAnalysis #BTC #PriceAction #FVG #TradingView

12 May

İşlem aktif

BTCUSD Trade Update

Entry triggered!
Price has touched the $104,900 resistance – our key sell zone has been activated.
Momentum looks strong to the downside now.

Watching the following target levels:

First target: $98,800–$97,200 (FVG zone)

Second target: $87,000

Demand zone to monitor: $83,100


Let’s see how price unfolds from here. Stay sharp!

#Bitcoin #CryptoTrades #BTCUSD #PriceAction #FVG #TechnicalAnalysis