BTCUSD: channel breakout setup

3 dic

🛠 Technical Analysis: On the 4-hour timeframe, Bitcoin (BTCUSD) is trading within a descending channel but has recently printed a "local bullish signal" after bouncing from the 82,000 support zone. The price is currently compressing against the channel's upper trendline and the immediate resistance block at 92,877, with the moving averages (SMA 50, 100) flattening to support a potential reversal. The projected trade setup anticipates a high-momentum breakout above the SMA 200 and the diagonal resistance, targeting the liquidity pool at the 105,000 level.

❗️ Trade Parameters (BUY)❗️

➡️ Entry Point: Buy on confirmed breakout of resistance (approx. 95,500 – 96,200)

🎯 Take Profit: 104,500 – 105,120

🔴 Stop Loss: Below SMA (approx. 86,850)

⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.

3 dic

Nota

🌍 Fundamental Analysis: Market sentiment is turning increasingly bullish as traders price in a high probability (over 85%) of a Federal Reserve interest rate cut at the upcoming December meeting. Recent dovish comments from Fed officials regarding a softening labor market have reinforced expectations for policy easing, which typically weakens the Dollar and boosts risk assets like Bitcoin. However, volatility may persist as the market digests incoming economic data to confirm the central bank's trajectory before the final decision.