Market Bias: Bearish rotation within a higher timeframe range
Bitcoin is currently trading within a well-defined range on the H4 timeframe, after failing multiple times to sustain price above the upper boundary near the 89.5k–90k zone. Despite short-term bullish attempts, the market remains capped below key resistance and higher-timeframe moving averages, indicating limited upside continuation.
This trade is structured as a short-term swing rather than an intraday position, allowing sufficient time for a potential rotation from the upper range back toward the lower range support. The entry focuses on selling into resistance instead of chasing momentum, aiming for a favorable risk-to-reward as price mean-reverts within the range.
The bearish scenario is invalidated if price achieves strong acceptance and a higher-timeframe close above the resistance zone, which would suggest a range breakout and shift in market structure.
If price does not reach the resistance area, no trade is taken.
Bitcoin is currently trading within a well-defined range on the H4 timeframe, after failing multiple times to sustain price above the upper boundary near the 89.5k–90k zone. Despite short-term bullish attempts, the market remains capped below key resistance and higher-timeframe moving averages, indicating limited upside continuation.
This trade is structured as a short-term swing rather than an intraday position, allowing sufficient time for a potential rotation from the upper range back toward the lower range support. The entry focuses on selling into resistance instead of chasing momentum, aiming for a favorable risk-to-reward as price mean-reverts within the range.
The bearish scenario is invalidated if price achieves strong acceptance and a higher-timeframe close above the resistance zone, which would suggest a range breakout and shift in market structure.
If price does not reach the resistance area, no trade is taken.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.