Good day,
BTCUSDT is showing a bullish trend on the Daily timeframe. The nearest major resistance level is around 114,622.88, with an estimated target near 121,366.58 and an overall bias aiming for approximately 130,161.09.
If the price pulls back but stays within the first or second bullish range areas, the upward trend is likely to continue. These retracements would still be considered healthy corrections within the broader bullish momentum.
However, if the price falls enough to break below the initial low above the trendline, this would signal a loss of bullish momentum and a possible trend reversal.
Trade well and have a positive, fulfilling week.
K.
Not trading advice.
BTCUSDT is showing a bullish trend on the Daily timeframe. The nearest major resistance level is around 114,622.88, with an estimated target near 121,366.58 and an overall bias aiming for approximately 130,161.09.
If the price pulls back but stays within the first or second bullish range areas, the upward trend is likely to continue. These retracements would still be considered healthy corrections within the broader bullish momentum.
However, if the price falls enough to break below the initial low above the trendline, this would signal a loss of bullish momentum and a possible trend reversal.
Trade well and have a positive, fulfilling week.
K.
Not trading advice.
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.
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.