Asad Ali
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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