As I expected in yesterday’s idea, Bitcoin(
BTCUSDT) dropped down into the lower ranges of the Heavy Support zone($111,980-$105,820).
Today, I want to share a quick 15-minute timeframe analysis with you.
Currently, Bitcoin is moving near that Support zone($107,580-$106,700), but it hasn’t managed to break the lower line of the ascending broadening wedge pattern with strong momentum.
So I expect Bitcoin might at least make another move up to the Resistance zone($110,430-$109,380). If BTC finds a Short Trigger near the Resistance zone and Cumulative Short Liquidation Leverage($111,687-$110,198), it could drop sharply afterward, potentially breaking the Heavy Support zone eventually.
Cumulative Long Liquidation Leverage: $106,090-$104,234
Stop Loss(SL): $104,077
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analysis (BTCUSDT), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSDT) dropped down into the lower ranges of the Heavy Support zone($111,980-$105,820).Today, I want to share a quick 15-minute timeframe analysis with you.
Currently, Bitcoin is moving near that Support zone($107,580-$106,700), but it hasn’t managed to break the lower line of the ascending broadening wedge pattern with strong momentum.
So I expect Bitcoin might at least make another move up to the Resistance zone($110,430-$109,380). If BTC finds a Short Trigger near the Resistance zone and Cumulative Short Liquidation Leverage($111,687-$110,198), it could drop sharply afterward, potentially breaking the Heavy Support zone eventually.
Cumulative Long Liquidation Leverage: $106,090-$104,234
Stop Loss(SL): $104,077
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analysis (BTCUSDT), 15-minute time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Operación activa
Trade was activated in Support zone($107,580-$106,700)Operación cerrada: objetivo alcanzado
Target Done
Bitcoin hugged my lines.
Be sure to follow money management
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
🎁Get a 20% Discount on your trading FEE on BYBIT:👉partner.bybit.com/b/PEJMANZWIN
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.