Timeframe: 4H | Exchange: Binance | Date: July ๐ง Whatโs Happening?
Bitcoin just fired out of a bullish wedge with strong volume and is marching inside a clean rising channel.
All eyes now on the golden Fibonacci zone โ and beyond!
๐ฏ Key Levels
๐ Immediate Resistance:
โ $109,940 โ Holding at the 0.5 Fib
โ $110,580 โ $111,491: Golden Pocket (0.618โ0.786 Fib)
โ $112,652: Full Fib Extension + Channel Top
๐ Support Zone:
โ $108,200 โ $107,800: Must hold for bulls
โ Below $107.5K = momentum shift โ ๏ธ
๐ Technical Signals Lighting Up
โ Bullish breakout from descending wedge
โ Strong volume confirms breakout intent
โ RSI at 57+, trending upward
โ MACD crossing bullish
โ Stochastic RSI curling from oversold
โ ADX increasing โ trend gaining strength
๐ Trade Setup (Idea Only!)
Above $110K = bullish continuation
Next stops: $111.5K โ $112.6K
Hold $108K = bullish structure intact
Below $107.5K = reevaluate bias
๐งจ Summary:
Bulls have the momentum โ but can they punch through the golden zone?
$110K+ is the battleground. Break it, and weโre off to $112K+.
๐ฌ Whatโs your bias? Bulls or bears? Drop a chart or comment below ๐
๐ Follow for daily setups & sharp market commentary!
Bitcoin just fired out of a bullish wedge with strong volume and is marching inside a clean rising channel.
All eyes now on the golden Fibonacci zone โ and beyond!
๐ฏ Key Levels
๐ Immediate Resistance:
โ $109,940 โ Holding at the 0.5 Fib
โ $110,580 โ $111,491: Golden Pocket (0.618โ0.786 Fib)
โ $112,652: Full Fib Extension + Channel Top
๐ Support Zone:
โ $108,200 โ $107,800: Must hold for bulls
โ Below $107.5K = momentum shift โ ๏ธ
๐ Technical Signals Lighting Up
โ Bullish breakout from descending wedge
โ Strong volume confirms breakout intent
โ RSI at 57+, trending upward
โ MACD crossing bullish
โ Stochastic RSI curling from oversold
โ ADX increasing โ trend gaining strength
๐ Trade Setup (Idea Only!)
Above $110K = bullish continuation
Next stops: $111.5K โ $112.6K
Hold $108K = bullish structure intact
Below $107.5K = reevaluate bias
๐งจ Summary:
Bulls have the momentum โ but can they punch through the golden zone?
$110K+ is the battleground. Break it, and weโre off to $112K+.
๐ฌ Whatโs your bias? Bulls or bears? Drop a chart or comment below ๐
๐ Follow for daily setups & sharp market commentary!
A Haque
Founder | MyTradingJournal
๐ Financial Market Analyst | Trader | Educator
๐ฆ Twitter: @MyTradingJnl6th
๐บ YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
๐ Financial Market Analyst | Trader | Educator
๐ฆ Twitter: @MyTradingJnl6th
๐บ YouTube: @MyTradingJournal6th
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.
A Haque
Founder | MyTradingJournal
๐ Financial Market Analyst | Trader | Educator
๐ฆ Twitter: @MyTradingJnl6th
๐บ YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
๐ Financial Market Analyst | Trader | Educator
๐ฆ Twitter: @MyTradingJnl6th
๐บ YouTube: @MyTradingJournal6th
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.