BTCUSD daily chart shows price action respecting a rising trendline, following a successful breakout from previous pattern. This ascending trendline now acts as a key dynamic support and serves as a central guide for the medium-term bullish structure.
Currently, price is consolidating just below the $107,000 resistance area. There are two primary scenarios to consider:
Bullish Scenario:
A confirmed breakout and daily close above the $107,000 resistance could trigger another bullish leg, targeting the next level near $120,000.
Mild Bearish / Pullback Scenario:
If the price gets rejected again, it may retrace towards the ascending trendline around $95,000, which aligns with previous horizontal support and could serve as a solid buy-the-dip zone.
Trade Plan:
Currently, price is consolidating just below the $107,000 resistance area. There are two primary scenarios to consider:
Bullish Scenario:
A confirmed breakout and daily close above the $107,000 resistance could trigger another bullish leg, targeting the next level near $120,000.
Mild Bearish / Pullback Scenario:
If the price gets rejected again, it may retrace towards the ascending trendline around $95,000, which aligns with previous horizontal support and could serve as a solid buy-the-dip zone.
Trade Plan:
- Buy Entry Option 1: On a breakout above $107,000 → Target: $120,000
- Buy Entry Option 2: On a bounce from the trendline near $95,000
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.