๐๐ข BTCUSD Eyes Fresh Upside Within Ascending Channel ๐๐ฐ
No time to wait for the open โ this dip might already be the setup! ๐
Bitcoin continues to respect the ascending channel, with the latest touch on the lower boundary lining up perfectly with the 95,568 zone. Historically, each visit to this trendline has produced a strong bounce โ and we can see it clearly through the green arrows across the chart.
As of now, price is holding just above the key support at 95,120, and unless we see a strong break below that level (with confirmation below 94,806), this looks like another textbook โbuy the dipโ scenario. ๐
Upside targets remain:
๐น 97,432 โ mid-channel resistance
๐น 99,161 โ channel top, potential exhaustion zone
Iโll be watching for a minor pullback or consolidation (as shown), but Iโm not waiting on the sidelines for the open โ structure supports continuation. Donโt fight the trend when the channel is this clean. ๐
Key support levels to monitor on downside invalidation:
โ ๏ธ 94,806
โ ๏ธ 94,120
โ ๏ธ 93,806
โ ๏ธ 92,709 (channel invalidation below here)
Stick to structure, trust the levels, and respect the momentum. And if we end up under the channel remember it becomes resistance. Long ONLY over 95600 here.
One Love,
The FXPROFESSOR ๐
No time to wait for the open โ this dip might already be the setup! ๐
Bitcoin continues to respect the ascending channel, with the latest touch on the lower boundary lining up perfectly with the 95,568 zone. Historically, each visit to this trendline has produced a strong bounce โ and we can see it clearly through the green arrows across the chart.
As of now, price is holding just above the key support at 95,120, and unless we see a strong break below that level (with confirmation below 94,806), this looks like another textbook โbuy the dipโ scenario. ๐
Upside targets remain:
๐น 97,432 โ mid-channel resistance
๐น 99,161 โ channel top, potential exhaustion zone
Iโll be watching for a minor pullback or consolidation (as shown), but Iโm not waiting on the sidelines for the open โ structure supports continuation. Donโt fight the trend when the channel is this clean. ๐
Key support levels to monitor on downside invalidation:
โ ๏ธ 94,806
โ ๏ธ 94,120
โ ๏ธ 93,806
โ ๏ธ 92,709 (channel invalidation below here)
Stick to structure, trust the levels, and respect the momentum. And if we end up under the channel remember it becomes resistance. Long ONLY over 95600 here.
One Love,
The FXPROFESSOR ๐
๐ All in one place โ fxprofessor.com
๐ง Free FXPROFESSOR AI on ChatGPT
๐ง Top tools to level UP your trading
๐น Best crypto, forex & stock deals
๐ฃ Telegram: t.me/fxprofessor88
๐ฅ I donโt follow trends. I build the tools to catch them!
๐ง Free FXPROFESSOR AI on ChatGPT
๐ง Top tools to level UP your trading
๐น Best crypto, forex & stock deals
๐ฃ Telegram: t.me/fxprofessor88
๐ฅ I donโt follow trends. I build the tools to catch them!
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.
๐ All in one place โ fxprofessor.com
๐ง Free FXPROFESSOR AI on ChatGPT
๐ง Top tools to level UP your trading
๐น Best crypto, forex & stock deals
๐ฃ Telegram: t.me/fxprofessor88
๐ฅ I donโt follow trends. I build the tools to catch them!
๐ง Free FXPROFESSOR AI on ChatGPT
๐ง Top tools to level UP your trading
๐น Best crypto, forex & stock deals
๐ฃ Telegram: t.me/fxprofessor88
๐ฅ I donโt follow trends. I build the tools to catch them!
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.