1. Trend Direction
⬆️ Uptrend Detected
* Price is forming higher highs and higher lows
* Trading inside a bullish channel
* Breakout potential above the top trendline.
2. Key Zones
🟦 Support Zone: $95,252.31
* Labeled as RBS + RBR ZONE
* Strong buy area → previous resistance turned support
* Perfect area to catch a bounce
📏 Support Line & Trendline
* Trendline keeps price supported along the climb
* Acts as a launch pad for the next move.
3. EMA 70 (📉 Red Line)
* Current value: $93,636.88
* Price is above EMA, showing strong bullish pressure
* EMA acts as dynamic support.
4. Trade Setup
🎯 Target Point: $104,000
🟦 Target Zone: $103,918.60 – $104,747.91
🔥 Entry Zone: $95,252.31 (marked blue box)
⚠️ Stop Loss: $94,091.28
* Positioned safely below support
* Good Risk/Reward Ratio.
5. Extra Cues
📅 Economic event icons near May 3–6 → Potential volatility ahead
⚡ Pullback in progress → May offer a buying opportunity.
Conclusion
🚀 Bullish Setup!
* Watch for a bounce from the blue demand zone
* Targeting $104K breakout
* Strong support + momentum = solid long opportunity.
⬆️ Uptrend Detected
* Price is forming higher highs and higher lows
* Trading inside a bullish channel
* Breakout potential above the top trendline.
2. Key Zones
🟦 Support Zone: $95,252.31
* Labeled as RBS + RBR ZONE
* Strong buy area → previous resistance turned support
* Perfect area to catch a bounce
📏 Support Line & Trendline
* Trendline keeps price supported along the climb
* Acts as a launch pad for the next move.
3. EMA 70 (📉 Red Line)
* Current value: $93,636.88
* Price is above EMA, showing strong bullish pressure
* EMA acts as dynamic support.
4. Trade Setup
🎯 Target Point: $104,000
🟦 Target Zone: $103,918.60 – $104,747.91
🔥 Entry Zone: $95,252.31 (marked blue box)
⚠️ Stop Loss: $94,091.28
* Positioned safely below support
* Good Risk/Reward Ratio.
5. Extra Cues
📅 Economic event icons near May 3–6 → Potential volatility ahead
⚡ Pullback in progress → May offer a buying opportunity.
Conclusion
🚀 Bullish Setup!
* Watch for a bounce from the blue demand zone
* Targeting $104K breakout
* Strong support + momentum = solid long opportunity.
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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.
join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
Related publications
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.