Hello Traders!
Bitcoin is currently showing signs of forming a bullish setup after rejecting lower levels. The price has created a clean FVG (Fair Value Gap) zone and is moving within a falling channel, suggesting a possible accumulation before the next leg up.
Key Observations:
Rahul’s Tip:
Always wait for confirmation around the FVG zone. Entering too early may expose you to false breakouts. Risk management is crucial, especially in volatile assets like Bitcoin.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Please do your own research before making any trading decisions.
Bitcoin is currently showing signs of forming a bullish setup after rejecting lower levels. The price has created a clean FVG (Fair Value Gap) zone and is moving within a falling channel, suggesting a possible accumulation before the next leg up.
Key Observations:
- FVG Support: Price is likely to retest the FVG zone before a strong upward move.
- Falling Channel: The structure indicates potential breakout to the upside.
- RSI Divergence: Momentum indicators are showing signs of strength, supporting a bullish reversal case.
- Targets: The upside targets are marked at 116,360 – 117,380 – 118,394 levels.
- Invalidation: A breakdown below 111,627 would negate this bullish setup.
Rahul’s Tip:
Always wait for confirmation around the FVG zone. Entering too early may expose you to false breakouts. Risk management is crucial, especially in volatile assets like Bitcoin.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Please do your own research before making any trading decisions.
Rahul Pal | BD Manager @ CoinW Exchange Dubai
Finding KOLs, Partners & Traders to onboard with high rebate up to 70%
Free Telegram: spf.bio/c1lkb
Website: realbullstrading.com
Get 77% Accurate Trade Signals: wa.me/919560602464
Finding KOLs, Partners & Traders to onboard with high rebate up to 70%
Free Telegram: spf.bio/c1lkb
Website: realbullstrading.com
Get 77% Accurate Trade Signals: wa.me/919560602464
Pubblicazioni correlate
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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.
Rahul Pal | BD Manager @ CoinW Exchange Dubai
Finding KOLs, Partners & Traders to onboard with high rebate up to 70%
Free Telegram: spf.bio/c1lkb
Website: realbullstrading.com
Get 77% Accurate Trade Signals: wa.me/919560602464
Finding KOLs, Partners & Traders to onboard with high rebate up to 70%
Free Telegram: spf.bio/c1lkb
Website: realbullstrading.com
Get 77% Accurate Trade Signals: wa.me/919560602464
Pubblicazioni correlate
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.