For today's analysis:
In the larger daily timeframe, BTCUSD closed with a small bullish candle yesterday. Although the K-line pattern shows alternating consecutive bullish and bearish candles, a closer look reveals that prices have remained at elevated levels. Each pullback has tested support, while upward movements have attempted to break new highs—albeit without sustained follow-through. In such a scenario, a breakout rally remains highly plausible.
In the shorter hourly timeframe, prices are oscillating within a narrow range, with the support level of declines gradually rising—a clear indication of underlying strength. Currently, the K-line pattern shows consecutive bullish candles, suggesting a high probability of further upside today. A key focus will be whether prices can break to new highs during the European session.
BTCUSD
buy@104000-104500
tp:106000-106500
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
In the larger daily timeframe, BTCUSD closed with a small bullish candle yesterday. Although the K-line pattern shows alternating consecutive bullish and bearish candles, a closer look reveals that prices have remained at elevated levels. Each pullback has tested support, while upward movements have attempted to break new highs—albeit without sustained follow-through. In such a scenario, a breakout rally remains highly plausible.
In the shorter hourly timeframe, prices are oscillating within a narrow range, with the support level of declines gradually rising—a clear indication of underlying strength. Currently, the K-line pattern shows consecutive bullish candles, suggesting a high probability of further upside today. A key focus will be whether prices can break to new highs during the European session.
BTCUSD
buy@104000-104500
tp:106000-106500
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
Trade active
All current orders have been closed out with profits realized. In view of the fact that multiple key pieces of information will be announced tomorrow, which may have a significant impact on market trends, traders are advised to exercise caution and avoid aggressive trading.
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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.