💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing BTC on the 1-hour timeframe .
⏱ We’re analyzing Bitcoin on the 1-hour timeframe.
👀 After bouncing from the current $113,000 area, Bitcoin moved upward, indicating the presence of market maker buyers in this zone. A short-term support has formed at $113,000, and yesterday we saw a strong rejection from this level, which helped prevent further selling pressure.
Bitcoin now faces a resistance zone and a potential long entry trigger between $115,317 and $116,085. If long positions increase and short positions get squeezed, this resistance could be broken, potentially fueling a bullish move.
⚙️ On the RSI, our key level is the 50 range. A confirmed hold above this level could signal a higher low forming relative to the previous bottom at $112,933.
🕯 We’re seeing an increase in trading volume, and as the price moves closer to $110,499, there's a noticeable liquidity pull from long positions—more buyers are stepping in around this area.
📈 Our long position trigger lies within the resistance zone mentioned. A confirmed breakout and hold above this level, alongside RSI entering Overbought across multiple timeframes and volume expansion, would give us a solid entry for a long position.
📉 Our short position trigger is below $112,200. A sharp drop with strong selling pressure and RSI entering Oversold would justify a short entry—though I do not recommend taking this trade.
❤️ 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 .
⏱ We’re analyzing Bitcoin on the 1-hour timeframe.
👀 After bouncing from the current $113,000 area, Bitcoin moved upward, indicating the presence of market maker buyers in this zone. A short-term support has formed at $113,000, and yesterday we saw a strong rejection from this level, which helped prevent further selling pressure.
Bitcoin now faces a resistance zone and a potential long entry trigger between $115,317 and $116,085. If long positions increase and short positions get squeezed, this resistance could be broken, potentially fueling a bullish move.
⚙️ On the RSI, our key level is the 50 range. A confirmed hold above this level could signal a higher low forming relative to the previous bottom at $112,933.
🕯 We’re seeing an increase in trading volume, and as the price moves closer to $110,499, there's a noticeable liquidity pull from long positions—more buyers are stepping in around this area.
📈 Our long position trigger lies within the resistance zone mentioned. A confirmed breakout and hold above this level, alongside RSI entering Overbought across multiple timeframes and volume expansion, would give us a solid entry for a long position.
📉 Our short position trigger is below $112,200. A sharp drop with strong selling pressure and RSI entering Oversold would justify a short entry—though I do not recommend taking this trade.
❤️ 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
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
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.