Bitcoin Holds Steady in Ascending Channel
Bitcoin (BTC/USDT) continues to trade within a well-defined ascending channel, currently hovering around the $91,600 level. The chart illustrates a consistent pattern of higher highs and higher lows, supporting a bullish outlook in the short term.
Analysis and Projection:
Support Zone: The lower trendline of the channel at approximately $91,000 acts as a strong support level. A bounce from this area could propel BTC toward the midline and potentially higher resistance levels.
Resistance Zone: The $93,500 mark represents the next key resistance. A breakout above this level could pave the way for a push toward $95,500 or beyond.
Trading Strategy:
Bullish Scenario: Enter long positions near the support line with targets set at $93,500 and $95,500.
Bearish Scenario: A breakdown below $91,000 could invalidate the ascending channel, signaling a potential shift toward $90,000.
Traders should monitor price action near critical levels for confirmation and adjust strategies accordingly. The channel remains the guiding structure for Bitcoin's current trend.
Analysis and Projection:
Support Zone: The lower trendline of the channel at approximately $91,000 acts as a strong support level. A bounce from this area could propel BTC toward the midline and potentially higher resistance levels.
Resistance Zone: The $93,500 mark represents the next key resistance. A breakout above this level could pave the way for a push toward $95,500 or beyond.
Trading Strategy:
Bullish Scenario: Enter long positions near the support line with targets set at $93,500 and $95,500.
Bearish Scenario: A breakdown below $91,000 could invalidate the ascending channel, signaling a potential shift toward $90,000.
Traders should monitor price action near critical levels for confirmation and adjust strategies accordingly. The channel remains the guiding structure for Bitcoin's current trend.
עסקה פעילה
עסקה סגורה: היעד הושג
פרסומים קשורים
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.
פרסומים קשורים
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.