Bitcoin is showing signs of a potential reversal on the 15-minute timeframe. A Falling Wedge pattern is forming, often seen as a possible early signal for upside continuation.
📌 Technical Overview:
Price is currently testing the wedge resistance.
If price breaks out and retests the wedge, it could lead to a continuation toward the 108,995–109,199 zone.
Strong horizontal support seen around 104,636.
Bullish price action forming higher lows.
📈 Breakout Confirmation:
A clear breakout and retest of the descending trendline could initiate momentum toward the upper resistance zone.
🟢 Target Area: 108,995–109,199
🔴 Support Level: 104,636
⚠️ Invalidation: Below 104,300 zone
🔎 Always observe price action and volume confirmation before making decisions. Use proper risk management.
📌 Technical Overview:
Price is currently testing the wedge resistance.
If price breaks out and retests the wedge, it could lead to a continuation toward the 108,995–109,199 zone.
Strong horizontal support seen around 104,636.
Bullish price action forming higher lows.
📈 Breakout Confirmation:
A clear breakout and retest of the descending trendline could initiate momentum toward the upper resistance zone.
🟢 Target Area: 108,995–109,199
🔴 Support Level: 104,636
⚠️ Invalidation: Below 104,300 zone
🔎 Always observe price action and volume confirmation before making decisions. Use proper risk management.
Trade attivo
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.