Daily Analysis:
Price is testing the upper boundary of the long-term ascending channel. Structure is still bullish with no major breaks of support. If momentum holds, we could extend toward the channel top.
4H Analysis:
Retesting breakout structure. Support is forming around 23000–23050. Bullish momentum remains valid unless price closes below this zone.
1H Analysis:
Micro-breakout confirmed with bullish impulse above 23120. If 23170 holds, continuation toward 23280–23320 is likely.
Confirmation & Entry:
Watch for continuation above 23170. SL below 23080. TP: 23280+
Use caution if 23000 breaks — this would weaken short-term bias.
Price is testing the upper boundary of the long-term ascending channel. Structure is still bullish with no major breaks of support. If momentum holds, we could extend toward the channel top.
4H Analysis:
Retesting breakout structure. Support is forming around 23000–23050. Bullish momentum remains valid unless price closes below this zone.
1H Analysis:
Micro-breakout confirmed with bullish impulse above 23120. If 23170 holds, continuation toward 23280–23320 is likely.
Confirmation & Entry:
Watch for continuation above 23170. SL below 23080. TP: 23280+
Use caution if 23000 breaks — this would weaken short-term bias.
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.
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.