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Bitcoin Technical Analysis (4-Hour Chart):
Price remains within an ascending channel. The MACD above the zero line with expanding red histograms indicates bullish dominance. After firmly breaking above the key resistance at $105,000, price is testing $110,000.
Caution: The RSI near 70 has entered overbought territory, increasing short-term pullback risks.
Support levels: $106,000 and $105,000.
Trading Recommendation for Aggressive Traders
Consider light long positions near $106,000 on pullbacks, with stop-loss set below $105,000.
Trading Strategy:
buy@105000-106000
TP:108000-110000
Bitcoin Technical Analysis (4-Hour Chart):
Price remains within an ascending channel. The MACD above the zero line with expanding red histograms indicates bullish dominance. After firmly breaking above the key resistance at $105,000, price is testing $110,000.
Caution: The RSI near 70 has entered overbought territory, increasing short-term pullback risks.
Support levels: $106,000 and $105,000.
Trading Recommendation for Aggressive Traders
Consider light long positions near $106,000 on pullbacks, with stop-loss set below $105,000.
Trading Strategy:
buy@105000-106000
TP:108000-110000
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t.me/+AC4zgE1qipYzYzlk
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t.me/+AC4zgE1qipYzYzlk
t.me/+AC4zgE1qipYzYzlk
Change your life starting from entering my Telegram channel!
t.me/+AC4zgE1qipYzYzlk
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.
Click the link for free accurate trading signals!
t.me/+AC4zgE1qipYzYzlk
Change your life starting from entering my Telegram channel!
t.me/+AC4zgE1qipYzYzlk
t.me/+AC4zgE1qipYzYzlk
Change your life starting from entering my Telegram channel!
t.me/+AC4zgE1qipYzYzlk
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.