Bitcoin is climbing a clean rising channel 📈 — higher highs and higher lows forming a short-term bullish structure. Watch for a breakout above 126K or a breakdown below 122K to confirm the next move. #BTC #CryptoTrading #TrendChannel
Breakdown:
The lower dashed line marks support, where buyers have repeatedly stepped in.
The upper dashed line marks resistance, where the price has pulled back each time it reached that boundary.
The volume shows spikes on upward moves, confirming buying interest within this range.
If BTC holds above the mid-channel zone (~123K–124K), it is likely to continue toward the upper boundary (~126K).
A close below the lower line (~121K) would signal potential short-term weakness and channel breakdown.
Breakdown:
The lower dashed line marks support, where buyers have repeatedly stepped in.
The upper dashed line marks resistance, where the price has pulled back each time it reached that boundary.
The volume shows spikes on upward moves, confirming buying interest within this range.
If BTC holds above the mid-channel zone (~123K–124K), it is likely to continue toward the upper boundary (~126K).
A close below the lower line (~121K) would signal potential short-term weakness and channel breakdown.
The #VoodooWarlord and MSQO are the driving factor for all #BanterBucks trade ideas. They are based on 27+ years of trading experience to help guide trades. Not financial advice, edutainment.
x.com/Osirustwits
x.com/Osirustwits
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
The #VoodooWarlord and MSQO are the driving factor for all #BanterBucks trade ideas. They are based on 27+ years of trading experience to help guide trades. Not financial advice, edutainment.
x.com/Osirustwits
x.com/Osirustwits
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.