Hi Traders ! Bitcoin has reached a key support zone, where it has historically shown bullish reactions. Additionally, the RSI at oversold levels (21.66) reinforces the possibility of an imminent rebound.
🔥 I have already entered long, expecting a bullish move toward the $85,500 - $86,000 zone, with a possible extension to $89,000 - $90,000 if it breaks the descending resistance.
📈 Key Factors to Watch:
✅ Confirmation of the bounce at support.
✅ Increase in buying volume.
✅ Break above the 20-period EMA.
Let’s see how this plays out! What are your thoughts? 🔥
⚠️ Disclaimer: This is not financial advice. I am simply sharing my analysis and personal trade. Always do your own research before trading!
🔥 I have already entered long, expecting a bullish move toward the $85,500 - $86,000 zone, with a possible extension to $89,000 - $90,000 if it breaks the descending resistance.
📈 Key Factors to Watch:
✅ Confirmation of the bounce at support.
✅ Increase in buying volume.
✅ Break above the 20-period EMA.
Let’s see how this plays out! What are your thoughts? 🔥
⚠️ Disclaimer: This is not financial advice. I am simply sharing my analysis and personal trade. Always do your own research before trading!
Trade closed: target reached
🥳
📊 Indicators Insight: Precision tools make all the difference. bit.ly/3XywJjs
💼 Broker Insight: Reliable execution matters. icmarkets.com/?camp=83281
💼 Broker Insight: Reliable execution matters. icmarkets.com/?camp=83281
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.
📊 Indicators Insight: Precision tools make all the difference. bit.ly/3XywJjs
💼 Broker Insight: Reliable execution matters. icmarkets.com/?camp=83281
💼 Broker Insight: Reliable execution matters. icmarkets.com/?camp=83281
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.