Hello guys!
BTC is showing signs of a potential bullish reversal, forming a Quasimodo Level (QML) setup inside a valid S&D zone that remains unbroken despite multiple tests.
The downward trendline has been broken and is now acting as support, aligning perfectly with the QML and demand zone. giving us a solid confluence area.
Important to watch:
BTC is showing signs of a potential bullish reversal, forming a Quasimodo Level (QML) setup inside a valid S&D zone that remains unbroken despite multiple tests.
The downward trendline has been broken and is now acting as support, aligning perfectly with the QML and demand zone. giving us a solid confluence area.
Important to watch:
- Rejection wicks and volume building at $106.6K–$107.4K zone show strong buyer interest.
- If price can reclaim $109K and consolidate above, we could see a move toward $112K and higher.
- Invalidation below $106.4K suggests the demand has failed, and bears may regain control.
👉 My recommended broker: bit.ly/HYMCMELI
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Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
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.