Timeframe: 1H⏰
Analysis:
• BTC is consolidating after a strong bullish move. 📈
• The market structure remains bullish, with a high probability of continuation to the upside. ✅
• A bullish flag/channel pattern is forming. 🏳️🌈
• Strong support is located around 93,700. 🛡️
Key Zones:
• Support zone: 93,700 🧲
• Resistance zone: 95,000 → 96,500 🎯
Idea:
• Price action currently shows a bullish bias. 🔥
• Watching for a breakout or a potential retest without structural break. 🧐
• Momentum is building, supporting further upside movement. ⚡
Analysis:
• BTC is consolidating after a strong bullish move. 📈
• The market structure remains bullish, with a high probability of continuation to the upside. ✅
• A bullish flag/channel pattern is forming. 🏳️🌈
• Strong support is located around 93,700. 🛡️
Key Zones:
• Support zone: 93,700 🧲
• Resistance zone: 95,000 → 96,500 🎯
Idea:
• Price action currently shows a bullish bias. 🔥
• Watching for a breakout or a potential retest without structural break. 🧐
• Momentum is building, supporting further upside movement. ⚡
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.