Monday opened with strong recovery moves on BTCUSD after last week's selloff, creating multiple tradable pullbacks within a clean intraday structure.
🔹 Trade Summary – Monday
Price rejected a key support zone, offering an early entry and delivering +150 pips TP on the first move.
A continuation entry allowed for another +150 pips, with price reaching into a supply zone.
Final trade of the day gave a smaller partial of +53 pips, bringing the daily total to +353 pips.
📍 Market Context:
Price is currently respecting lower-timeframe bullish momentum while still sitting inside a broader bearish structure.
Price is facing key resistance around the 83,200–83,600 zone; reactions here will be important for continuation or reversal.
Market remains sensitive to macro drivers, especially data around interest rates, inflation, and crypto regulation.
🔮 Potential Outlook: If price continues to hold above the 82,000 level, short-term upside could revisit the 83,900 area. However, if sellers regain control near resistance, there could be a renewed push back to the 81,600–81,300 support range.
🧠 Disclaimer: This content is intended for educational purposes only. Please conduct your own analysis and apply proper risk management before entering any trades.
🔹 Trade Summary – Monday
Price rejected a key support zone, offering an early entry and delivering +150 pips TP on the first move.
A continuation entry allowed for another +150 pips, with price reaching into a supply zone.
Final trade of the day gave a smaller partial of +53 pips, bringing the daily total to +353 pips.
📍 Market Context:
Price is currently respecting lower-timeframe bullish momentum while still sitting inside a broader bearish structure.
Price is facing key resistance around the 83,200–83,600 zone; reactions here will be important for continuation or reversal.
Market remains sensitive to macro drivers, especially data around interest rates, inflation, and crypto regulation.
🔮 Potential Outlook: If price continues to hold above the 82,000 level, short-term upside could revisit the 83,900 area. However, if sellers regain control near resistance, there could be a renewed push back to the 81,600–81,300 support range.
🧠 Disclaimer: This content is intended for educational purposes only. Please conduct your own analysis and apply proper risk management before entering any trades.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.