Bitcoin is currently trading around $110,400, showing price action within a wedge pattern after multiple Breaks of Structure (BOS) and Change of Character (CHoCH) points.
🔹 Key Observations:
Price is respecting the upward trendline.
A wedge pattern is visible, signaling possible volatility ahead.
Resistance area: $118,000 – $120,000
Support zone: $100,000 – $102,000
Major support level: $90,000
📊 If BTC holds above the support zone, a retest toward the resistance area may follow. A failure below the support could open the way for deeper correction.
This analysis is based on chart structure and technical patterns only. Not financial advice. Always use proper risk management before entering trades
🔹 Key Observations:
Price is respecting the upward trendline.
A wedge pattern is visible, signaling possible volatility ahead.
Resistance area: $118,000 – $120,000
Support zone: $100,000 – $102,000
Major support level: $90,000
📊 If BTC holds above the support zone, a retest toward the resistance area may follow. A failure below the support could open the way for deeper correction.
This analysis is based on chart structure and technical patterns only. Not financial advice. Always use proper risk management before entering trades
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$ FOREX / GOLD / BTC | Real Trades,Real Result | Risk-managed strategiesn &VIP Signal {My Personal Entries} Join Telegram _ Trade smater ||
📬 Join Free Channel:
t.me/profitmagnetpro12
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t.me/profitmagnetpro12
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.