This Bitcoin (BTC/USD) 30-minute chart shows several key technical indicators and annotations, pointing to a bullish outlook. Here's a breakdown of the chart elements:
Key Elements:
1. Price Level:
Current price: $121,315.1
Change: +$2,178.0 (+1.83%)
2. Break of Structure (BOS):
Marked in yellow — indicates a shift in market structure from bearish to bullish.
It suggests a bullish trend continuation after this key resistance was broken.
3. FVG (Fair Value Gap):
The yellow "FVG" arrow points to an imbalance or gap between candle wicks that the market might return to for liquidity.
Often used as a potential entry point or pullback target.
4. Trendline:
The pink upward trendline shows current bullish momentum.
Price is currently testing or has broken above this trendline.
5. Bullish Flag/Channel:
Blue diagonal channel indicates a bullish flag or continuation pattern.
Price broke out upward from this flag — typically a bullish sign.
6. Fibonacci or Ratio Markers:
Numbers like 0.9612351706716865 and 0.305800778819... may
Key Elements:
1. Price Level:
Current price: $121,315.1
Change: +$2,178.0 (+1.83%)
2. Break of Structure (BOS):
Marked in yellow — indicates a shift in market structure from bearish to bullish.
It suggests a bullish trend continuation after this key resistance was broken.
3. FVG (Fair Value Gap):
The yellow "FVG" arrow points to an imbalance or gap between candle wicks that the market might return to for liquidity.
Often used as a potential entry point or pullback target.
4. Trendline:
The pink upward trendline shows current bullish momentum.
Price is currently testing or has broken above this trendline.
5. Bullish Flag/Channel:
Blue diagonal channel indicates a bullish flag or continuation pattern.
Price broke out upward from this flag — typically a bullish sign.
6. Fibonacci or Ratio Markers:
Numbers like 0.9612351706716865 and 0.305800778819... may
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💫XAUUSD
💫BTC
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For Signals Telegram channel
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t.me/technicaltrader10
Disclaimer
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🎯XAUUSD GOLD Daily 8-9 Free Signals🚀 World Best community Join Here ✅
💫XAUUSD
💫BTC
💫EURUSD
For Signals Telegram channel
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
t.me/technicaltrader10
💫XAUUSD
💫BTC
💫EURUSD
For Signals Telegram channel
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
t.me/technicaltrader10
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.