BTC — Daily & 4H Analysis 📈
On the 4H timeframe, price has created a new Higher High (HH) and a Break of Structure (BOS).
The recent Mother Bar on the 4H chart was also violated to the upside, adding confirmation of a bullish continuation.
On the Daily chart, the candle has not yet closed — but if it closes above 124,481, that would confirm a new Higher High on the Daily as well.
Meanwhile, I’m watching for a reversal retracement on the 4H to give a buy confirmation.
My target is around 126,313.90
BTCUSD
On the 4H timeframe, price has created a new Higher High (HH) and a Break of Structure (BOS).
The recent Mother Bar on the 4H chart was also violated to the upside, adding confirmation of a bullish continuation.
On the Daily chart, the candle has not yet closed — but if it closes above 124,481, that would confirm a new Higher High on the Daily as well.
Meanwhile, I’m watching for a reversal retracement on the 4H to give a buy confirmation.
My target is around 126,313.90
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.