hello guys.
Pattern Breakout: Bitcoin appears to be breaking out of a triangle formation, a bullish signal that often suggests potential for upward momentum.
Flip Area: The support zone marked as the "flip area" around $67,200 acts as a strong support level.
Potential Scenarios:
Immediate Breakout: If Bitcoin holds above the triangle, it could make a direct move towards the upper target range around $71,000.
Retest and Bounce: There is also a possibility of a slight retracement, potentially down to the $67,200–$68,000 range, before bouncing and resuming the uptrend.
Resistance Target: The primary resistance level to watch is around $71,000, which aligns with a previously established high. Breaking above this could lead to further bullish momentum.
Outlook: The setup looks favorable for a bullish move, especially if Bitcoin maintains momentum above the triangle and key support levels.
Pattern Breakout: Bitcoin appears to be breaking out of a triangle formation, a bullish signal that often suggests potential for upward momentum.
Flip Area: The support zone marked as the "flip area" around $67,200 acts as a strong support level.
Potential Scenarios:
Immediate Breakout: If Bitcoin holds above the triangle, it could make a direct move towards the upper target range around $71,000.
Retest and Bounce: There is also a possibility of a slight retracement, potentially down to the $67,200–$68,000 range, before bouncing and resuming the uptrend.
Resistance Target: The primary resistance level to watch is around $71,000, which aligns with a previously established high. Breaking above this could lead to further bullish momentum.
Outlook: The setup looks favorable for a bullish move, especially if Bitcoin maintains momentum above the triangle and key support levels.
İşlem kapandı: hedefe ulaştı
the pointed area touched!
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.