Bitcoin Futures H4: Bullish Trendline Rebound Toward $103KBased on my analysis of Bitcoin futures on the 4-hour timeframe, the market remains in a clear bullish trend. Price has recently rebounded from the ascending trendline, reinforcing bullish momentum. As long as this structure holds, there is a high probability that Bitcoin could continue its upward move toward the $103,000 area in the coming days.
Buyanalysis
TRU Breakout Re-test and BUY MOVETRU is a performance-based stock. On 28th Aug 23, I posted it's breakout. But unfortunately, it could not be a successful breakout. Now, TRU has retested the Support trendline and is bouncing back. There is a minor resistance at 64 because it has been tested multiple times. This time, it is more likely to break to the upside.
Reason :
Stock has been consolidating for more than a year.
It has formed a triple Bottom.
Taking Support at Trendline.
Right now, at support Zone.
Verdict :
Bullishness Expected
Plan of action :
Buy: 59.60
Stoploss: 54
TARGET: (1st) 82, (2nd) 100


