Bitcoin Market Analysis
July 11, 2024
⚪️TECHNICAL (4H)
BTC has re-entered the triangle pattern after a false breakout and is currently trading below the horizontal resistance. A rejection at this level is possible, but a successful breakout and retest of the horizontal resistance would serve as bullish confirmation.
BTC DAILY RANGE:
📈Upper Limit: 59800
📉Lower Limit: 57000
📌SCALP ENTRIES
🔵LONG
💲54000
🔴SHORT
💲63500
July 11, 2024
⚪️TECHNICAL (4H)
BTC has re-entered the triangle pattern after a false breakout and is currently trading below the horizontal resistance. A rejection at this level is possible, but a successful breakout and retest of the horizontal resistance would serve as bullish confirmation.
BTC DAILY RANGE: 📈Upper Limit: 59800
📉Lower Limit: 57000
📌SCALP ENTRIES
🔵LONG
💲54000
🔴SHORT
💲63500
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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.