Bitcoin – Where Could the Short-Term Trend Go?
Hello traders,
BTC is currently consolidating strongly around the rising trendline on the D1 timeframe. Price has shown a strong rejection at this level. The overall market structure is still moving in line with the scenario I shared earlier, but I want to update a short-term plan to help optimise trading opportunities.
The upward channel remains key. During this sideways phase, BTC has created a small support–resistance zone, which now acts as a key level to determine the short-term trend and guide entries.
Resistance at 113.3k: A breakout above this level would confirm a Long signal.
Support at 108.8k: A breakdown here would activate a Short signal.
If support is broken, the medium-term outlook shifts towards the bearish scenario I mentioned earlier, with potential downside towards the 9x region. This is supported by the larger timeframe structure, which provides enough basis for that expectation.
This is my current short-term trading plan for BTC. Use it as reference, and share your perspective in the comments so we can learn together.
Hello traders,
BTC is currently consolidating strongly around the rising trendline on the D1 timeframe. Price has shown a strong rejection at this level. The overall market structure is still moving in line with the scenario I shared earlier, but I want to update a short-term plan to help optimise trading opportunities.
The upward channel remains key. During this sideways phase, BTC has created a small support–resistance zone, which now acts as a key level to determine the short-term trend and guide entries.
Resistance at 113.3k: A breakout above this level would confirm a Long signal.
Support at 108.8k: A breakdown here would activate a Short signal.
If support is broken, the medium-term outlook shifts towards the bearish scenario I mentioned earlier, with potential downside towards the 9x region. This is supported by the larger timeframe structure, which provides enough basis for that expectation.
This is my current short-term trading plan for BTC. Use it as reference, and share your perspective in the comments so we can learn together.
🔥 BrianLionCapital – Where Top Traders Unite
✅ Accurate signals & exclusive analysis: 10–15 signals daily with continuous market insights
⏳ Every minute you hesitate is a winning opportunity slipping away!
t.me/+jqCSSdKGm7YyMGZl
✅ Accurate signals & exclusive analysis: 10–15 signals daily with continuous market insights
⏳ Every minute you hesitate is a winning opportunity slipping away!
t.me/+jqCSSdKGm7YyMGZl
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.
🔥 BrianLionCapital – Where Top Traders Unite
✅ Accurate signals & exclusive analysis: 10–15 signals daily with continuous market insights
⏳ Every minute you hesitate is a winning opportunity slipping away!
t.me/+jqCSSdKGm7YyMGZl
✅ Accurate signals & exclusive analysis: 10–15 signals daily with continuous market insights
⏳ Every minute you hesitate is a winning opportunity slipping away!
t.me/+jqCSSdKGm7YyMGZl
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.