Bitcoin (BTC/USD) – 30-Minute Technical Analysis
Bitcoin is currently consolidating above a key fair value gap (FVG) zone around $84,550, which is acting as intraday support. The price structure remains bullish as long as it holds above this level.
A potential move toward the target area around $89,325 remains in play, supported by bullish momentum and the 50 EMA sloping upward. Immediate resistance lies near $86,068.
A break below $83,800 would invalidate the setup and may signal further downside toward the lower EMAs. Overall, bulls remain in control above the FVG support zone.
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Bitcoin is currently consolidating above a key fair value gap (FVG) zone around $84,550, which is acting as intraday support. The price structure remains bullish as long as it holds above this level.
A potential move toward the target area around $89,325 remains in play, supported by bullish momentum and the 50 EMA sloping upward. Immediate resistance lies near $86,068.
A break below $83,800 would invalidate the setup and may signal further downside toward the lower EMAs. Overall, bulls remain in control above the FVG support zone.
If you enjoy, press the like button.
Trade active
Note
180 pips achieved, 83600-85400. Trade closed: target reached
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💸FREE FOREX Signals in Telegram : t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
🔹Join Our Telegram Channel, Pure Price Action Based Signals With Chart Analysis.
t.me/SOAMPROTRADER
🚀FREE CRYPTO Signals In Telegram: t.me/SOAMPROTRADER
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.