🚀 Bitcoin has been respecting the long-term rising channel (blue) — moving in clear impulsive 📈 and corrective 📉 waves.
After each bullish leg (highlighted in pink), BTC dips into a correction (red), finds support at key demand zones 🟧, and then kicks off a new rally.
🔥 Currently, BTC is hovering near a strong demand zone around the $110,000–$113,000 area, forming a potential higher low within structure.
If this zone holds, the bulls 🐂 could regain control and push price toward the $130,000–$140,000 range — aligning with the upper boundary of the channel 📊.
💡 Continuation soon?
Let the market decide — we’re watching this zone closely for a bullish breakout confirmation ✅
💬 What’s your bias here? Are you bullish or waiting for a deeper pullback?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
After each bullish leg (highlighted in pink), BTC dips into a correction (red), finds support at key demand zones 🟧, and then kicks off a new rally.
🔥 Currently, BTC is hovering near a strong demand zone around the $110,000–$113,000 area, forming a potential higher low within structure.
If this zone holds, the bulls 🐂 could regain control and push price toward the $130,000–$140,000 range — aligning with the upper boundary of the channel 📊.
💡 Continuation soon?
Let the market decide — we’re watching this zone closely for a bullish breakout confirmation ✅
💬 What’s your bias here? Are you bullish or waiting for a deeper pullback?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.
Trade Made Simple
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
RichTL.com
Instagram:
instagram.com/richthesignalyst
Telegram
t.me/thesignalyst
Best CFD broker - Tickmill
cutt.ly/TickmillReal
CFD Broker - TradeNation
cutt.ly/GrTivmRC
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.