💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing BTC on the 1-hour timeframe timeframe, we’re observing price action.
👀 After the recent drop, Bitcoin has moved into a 1H range box. A breakout on either side of this box can give us a potential long or short setup.
🕯 Trading volume is lower due to the holidays, and Bitcoin usually carves out a decision zone toward the end of each week.
⚙️ Our RSI oscillator shows an important swing area around the 50 level. Holding above 50 increases the odds that the $117,000 floor will act as stronger support.
🔔 Two alert zones based on the chosen breakout: price behavior around $119,000 and $117,000 can help determine which position to take.
💵 We’re monitoring Tether (USDT) dominance. It’s also sitting in a 1-hour range box; a breakout in either direction could feed trading volume into Bitcoin .
🖥 Summary: Bitcoin is in a 1-hour multi-timeframe range box, and the $117,000 support looks firmer than before.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
⏰ We’re analyzing BTC on the 1-hour timeframe timeframe, we’re observing price action.
👀 After the recent drop, Bitcoin has moved into a 1H range box. A breakout on either side of this box can give us a potential long or short setup.
🕯 Trading volume is lower due to the holidays, and Bitcoin usually carves out a decision zone toward the end of each week.
⚙️ Our RSI oscillator shows an important swing area around the 50 level. Holding above 50 increases the odds that the $117,000 floor will act as stronger support.
🔔 Two alert zones based on the chosen breakout: price behavior around $119,000 and $117,000 can help determine which position to take.
💵 We’re monitoring Tether (USDT) dominance. It’s also sitting in a 1-hour range box; a breakout in either direction could feed trading volume into Bitcoin .
🖥 Summary: Bitcoin is in a 1-hour multi-timeframe range box, and the $117,000 support looks firmer than before.
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .
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t.me/satoshiframetr
t.me/satoshiframetr
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.
join our Telegram channel for more insightful and educational content .
t.me/satoshiframetr
t.me/satoshiframetr
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.