💀 Hey , how's it going ? Come over here — Satoshi got something for you !
⏰ We’re analyzing BTC on the 1-hour timeframe .
👀 After breaking out of its descending channel, Bitcoin is moving upward with a high-volume whale candle.
🕯 The trading volume and number of trades are rising sharply, and this volume increase during the New York session could lead to Bitcoin forming a new high.
⚙️ Our key RSI level is 74.05. If this level breaks, the volatility of Bitcoin’s long positions could increase significantly, potentially triggering a price surge.
🎮 After breaking the 0 Fibonacci level and pulling back to it, we can open our positions in line with the market structure change and move with the market.
🔒 An upward-sloping trendline has been drawn from the channel’s bottom to the top, and on the fourth reaction to it, Bitcoin bounced and beautifully broke through the channel’s top.
🔔 There’s no specific alert zone unless the current market structure changes, in which case an alert zone will be provided.
🖥 Summary: Bitcoin is moving upward, our long position trigger has been activated, and if the current structure is maintained, it could continue toward higher price levels.
📊 If USDT.D drops below 4.20% BTC might push toward higher targets .
❤️ 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 .
👀 After breaking out of its descending channel, Bitcoin is moving upward with a high-volume whale candle.
🕯 The trading volume and number of trades are rising sharply, and this volume increase during the New York session could lead to Bitcoin forming a new high.
⚙️ Our key RSI level is 74.05. If this level breaks, the volatility of Bitcoin’s long positions could increase significantly, potentially triggering a price surge.
🎮 After breaking the 0 Fibonacci level and pulling back to it, we can open our positions in line with the market structure change and move with the market.
🔒 An upward-sloping trendline has been drawn from the channel’s bottom to the top, and on the fourth reaction to it, Bitcoin bounced and beautifully broke through the channel’s top.
🔔 There’s no specific alert zone unless the current market structure changes, in which case an alert zone will be provided.
🖥 Summary: Bitcoin is moving upward, our long position trigger has been activated, and if the current structure is maintained, it could continue toward higher price levels.
❤️ 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.