Trend: Bullish, inside a rising parallel channel.
Price: ~$93,767, facing resistance near $95K–$100K.
Support Zones: 88K, $80K, $73K.
Breakout: Confirmed from descending wedge; above major EMAs.
RSI: Neutral-bullish (~57), room for upside.
ADX/DMI: Positive trend, but flattening—watch for momentum shift.
Volume: Declining—needs breakout confirmation with strong volume.
Key Level to Watch: Close above $95K may target $110K–$120K; drop below 88K risks retracement.
Price: ~$93,767, facing resistance near $95K–$100K.
Support Zones: 88K, $80K, $73K.
Breakout: Confirmed from descending wedge; above major EMAs.
RSI: Neutral-bullish (~57), room for upside.
ADX/DMI: Positive trend, but flattening—watch for momentum shift.
Volume: Declining—needs breakout confirmation with strong volume.
Key Level to Watch: Close above $95K may target $110K–$120K; drop below 88K risks retracement.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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.