Pattern: A bullish continuation pattern has formed, confirming an uptrend.
Immediate Resistance:
1.13200: This is the key resistance you mentioned. Price needs to stay above this level for the bullish momentum to stay valid.
Targets (Upside Potential):
First Target: 1.13900 (near-term resistance and psychological level)
Second Target: 1.14500 (next stronger...
Market Scenario
Bullish Setup: Bitcoin is above major moving averages on short timeframes (15-min, 1-hour).
Momentum: Strong — MACD and RSI on the 1-hour chart are bullish but nearing overbought territory (meaning small pullbacks possible, but trend intact).
Volume: Good buying volume today — indicating genuine strength behind the move.
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Trading Plan...
Since BTC is currently trading around $93,680, it has already broken above this resistance, which now becomes a support level.
This breakout confirms bullish strength, especially if the price holds above $91,900 on the 1H or daily close
Target at $94,400
This level likely aligns with minor fib retracements or previous local highs. A move to...
Gold Sell Signal Analysis
Current Price: 3333
Resistance: 3375
Targets:
TP1: 3275
TP2: 3220
Technical View:
Bearish Momentum Confirmed — If price continues to stay below 3375, selling pressure is likely to persist.
Price Action: A lower high around 3375 and failure to break above it reinforces the bearish structure.
