hello guys!
Technical Analysis:
Primary Uptrend: After a sharp breakout from the triangle pattern, Bitcoin is moving towards the target zone around $73,500–$74,000.
Two Possible Scenarios (Based on Arrows):
In summary, BTC’s next steps could either see a continued surge or a brief retest of support before reaching its triangle target. Keep an eye on these levels for optimal trading setups! 🚀
Technical Analysis:
Primary Uptrend: After a sharp breakout from the triangle pattern, Bitcoin is moving towards the target zone around $73,500–$74,000.
Two Possible Scenarios (Based on Arrows):
- Scenario 1 (Immediate Rally): BTC could maintain its upward momentum, bypassing the lower support and heading directly towards the upper target zone around $73,500–$74,000.
- Scenario 2 (Pullback and Retest): BTC may temporarily retrace towards the highlighted support area (~$71,500) before resuming the uptrend towards the target zone. This pullback would provide additional support confirmation before a potential rally.
In summary, BTC’s next steps could either see a continued surge or a brief retest of support before reaching its triangle target. Keep an eye on these levels for optimal trading setups! 🚀
👉 My recommended exchange: promote.mexc.com/a/64IZV8fu
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.
👉 My recommended exchange: promote.mexc.com/a/64IZV8fu
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.