📊 Market Analysis:
Bitcoin (BTCUSD) is currently showing a minor bullish momentum, and based on the current price structure, we are expecting a 40–50 pip move to the upside, targeting the $119,000 level as the next key resistance.
📈 Technical Highlights:
Price is pushing upward with steady momentum.
Forming higher lows, signaling buyer control.
RSI staying above the midline – bullish strength confirmed.
Price aiming to break minor resistance to head toward $119,000 zone.
🎯 Next Target:
Immediate Move: +40 to +50 pips.
Major Resistance Level: $119,000 – watch for potential breakout or reversal there.
📉 Risk Management:
Invalidation below recent low or support zone.
Set tight stop-loss for intraday trades.
🕒 Timeframe: Short-term intraday move – Scalping or quick swing.
#BTC #Bitcoin #Crypto #BTCUSD #Scalping #ShortTermTrade #TradingView
Bitcoin (BTCUSD) is currently showing a minor bullish momentum, and based on the current price structure, we are expecting a 40–50 pip move to the upside, targeting the $119,000 level as the next key resistance.
📈 Technical Highlights:
Price is pushing upward with steady momentum.
Forming higher lows, signaling buyer control.
RSI staying above the midline – bullish strength confirmed.
Price aiming to break minor resistance to head toward $119,000 zone.
🎯 Next Target:
Immediate Move: +40 to +50 pips.
Major Resistance Level: $119,000 – watch for potential breakout or reversal there.
📉 Risk Management:
Invalidation below recent low or support zone.
Set tight stop-loss for intraday trades.
🕒 Timeframe: Short-term intraday move – Scalping or quick swing.
#BTC #Bitcoin #Crypto #BTCUSD #Scalping #ShortTermTrade #TradingView
Trade closed: target reached
Hit tp
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.