Hello Crypto Traders, as you can see price broke out from the descending trendline and flipped key structure levels into support.
We can clearly see two Fair Value Gaps (0.5 fib red line) which might act as retracement zones before continuation.
The bullish structure remains intact, and if BTC holds above the recent swing high (PH), we might see a run toward the previous ATH and beyond.
RSI is slightly overbought but not showing any major divergence for now.
Watch the 98k–100k area for a potential short-term pullback into FVG before further upside.
Let the market do its job. Setup looks clean.
Feel free to comment, follow, and share with your trader friends!
Thanks for reading!
We can clearly see two Fair Value Gaps (0.5 fib red line) which might act as retracement zones before continuation.
The bullish structure remains intact, and if BTC holds above the recent swing high (PH), we might see a run toward the previous ATH and beyond.
RSI is slightly overbought but not showing any major divergence for now.
Watch the 98k–100k area for a potential short-term pullback into FVG before further upside.
Let the market do its job. Setup looks clean.
Feel free to comment, follow, and share with your trader friends!
Thanks for reading!
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🚀Get free crypto signals, strategies, market insights & tools I personally use.
📌 t.me/cryptolvke
📌 t.me/cryptolvke
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.