Bitcoin – Medium-Term Outlook for Long/Short Traders
Hello traders,
BTC continues to move within the descending channel – something we can all clearly see. Recently, price bounced strongly after touching the solid support zone near 112k, and now it is only about 2k away from the target level for a potential swing long entry.
If BTC manages to break above the 114.8k resistance, it could signal a short-term reversal, pushing towards 117.5k before resuming the broader downtrend. This scenario could act as a potential trap for those holding long-term short positions.
We also see early signs of structure changing: the trendline has already shown signs of breaking, with price trading above the descending channel. At the same time, MACD is showing rising volume and its averages are starting to curve upward. Together, these factors support the case for a short-term corrective rally.
Strategy: Consider long entries near the current zone, with the option to DCA if price breaks above 114.8k.
Please note this is my personal view — always manage risk and follow your own plan.
What’s your take on this setup? Share your thoughts in the comments so we can discuss further.
Hello traders,
BTC continues to move within the descending channel – something we can all clearly see. Recently, price bounced strongly after touching the solid support zone near 112k, and now it is only about 2k away from the target level for a potential swing long entry.
If BTC manages to break above the 114.8k resistance, it could signal a short-term reversal, pushing towards 117.5k before resuming the broader downtrend. This scenario could act as a potential trap for those holding long-term short positions.
We also see early signs of structure changing: the trendline has already shown signs of breaking, with price trading above the descending channel. At the same time, MACD is showing rising volume and its averages are starting to curve upward. Together, these factors support the case for a short-term corrective rally.
Strategy: Consider long entries near the current zone, with the option to DCA if price breaks above 114.8k.
Please note this is my personal view — always manage risk and follow your own plan.
What’s your take on this setup? Share your thoughts in the comments so we can discuss further.
Dagangan aktif
Congratulations traders!The Long setup worked exactly as per the plan, achieving the full target and even reacting right at the 117k zone. Many of you would have booked good profits on this move. Now, price may correct downwards and possibly develop a fresh trend. Best to book your gains and stay ready for the next trading scenario
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t.me/+9B0zBuS1rboxZTY1
✅ Accurate signals & exclusive analysis: 10–15 signals daily with continuous market insights
⏳ Every minute you hesitate is a winning opportunity slipping away!
t.me/+9B0zBuS1rboxZTY1
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🔥 BrianLionCapital – Where Top Traders Unite
✅ Accurate signals & exclusive analysis: 10–15 signals daily with continuous market insights
⏳ Every minute you hesitate is a winning opportunity slipping away!
t.me/+9B0zBuS1rboxZTY1
✅ Accurate signals & exclusive analysis: 10–15 signals daily with continuous market insights
⏳ Every minute you hesitate is a winning opportunity slipping away!
t.me/+9B0zBuS1rboxZTY1
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.