Position looks solid here:
โ Entry zone:
โ Bottom Retest of the log channel (green support)
โ Clear bullish RSI on 3D TF
๐ Structure:
Trend still bearish overall, but short-term bounce odds rising.
Invalidation = below channel support.
๐ฏ What to watch:
โ Hold zone + volume pickup = demand confirmed
โ Break of local high โ possible move toward upper channel (red zone)
A clean setup for a positional long โ especially if
BTC stays steady.
โ Entry zone:
โ Bottom Retest of the log channel (green support)
โ Clear bullish RSI on 3D TF
๐ Structure:
Trend still bearish overall, but short-term bounce odds rising.
Invalidation = below channel support.
๐ฏ What to watch:
โ Hold zone + volume pickup = demand confirmed
โ Break of local high โ possible move toward upper channel (red zone)
A clean setup for a positional long โ especially if
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.