📈🟢 BTCUSD Eyes Fresh Upside Within Ascending Channel 🚀💰
No time to wait for the open – this dip might already be the setup! 🔍
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 – 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 “buy the dip” scenario. 🛒
Upside targets remain:
🔹 97,432 – mid-channel resistance
🔹 99,161 – channel top, potential exhaustion zone
I’ll be watching for a minor pullback or consolidation (as shown), but I’m not waiting on the sidelines for the open – structure supports continuation. Don’t fight the trend when the channel is this clean. 📊
Key support levels to monitor on downside invalidation:
⚠️ 94,806
⚠️ 94,120
⚠️ 93,806
⚠️ 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 💙
No time to wait for the open – this dip might already be the setup! 🔍
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 – 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 “buy the dip” scenario. 🛒
Upside targets remain:
🔹 97,432 – mid-channel resistance
🔹 99,161 – channel top, potential exhaustion zone
I’ll be watching for a minor pullback or consolidation (as shown), but I’m not waiting on the sidelines for the open – structure supports continuation. Don’t fight the trend when the channel is this clean. 📊
Key support levels to monitor on downside invalidation:
⚠️ 94,806
⚠️ 94,120
⚠️ 93,806
⚠️ 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 💙
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
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.
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
🌍 fxprofessor.com
📊 Trade responsibly or don't trade at all. Develop skills and experiences, work, save, invest and THEN trade if you dare at all!
I am happy to be part of the Trade Nation's Influencer 🌟🤝📈
Related publications
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.