BTC underwent a sustained retracement yesterday, yet it failed to breach our downside support level at 111000. Subsequent price action formed a range-bound consolidation phase above this support zone. Consequently, we assess that following yesterday’s sharp pullback and corrective phase, BTC is now in a state of short-term oscillatory movement within the context of its broader uptrend.
Buy 112000 - 112500
TP 113000 - 113500 -114000
Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
Buy 112000 - 112500
TP 113000 - 113500 -114000
Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance
Trade active
As we analyzed today, after experiencing yesterday’s sharp drop, BTC has mainly fluctuated around 113000 today. We are closely monitoring the market to seek entry opportunities TP in a timely manner and do not chase the upside.
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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.