📈 Ascending Channel:
🔹 The price is moving upward within a parallel trend channel.
🔹 Blue arrows (🔵) indicate resistance points where the price struggled.
🔹 Red circles (🔴) highlight support areas where the price bounced.
🟦 Fair Value Gap (FVG) Zone:
🔸 The blue-shaded area (FVG zone) suggests a possible retracement before a bullish move.
🔸 If the price dips into this zone, it may find liquidity and bounce back up.
📊 Projected Price Movement:
⚡ Expected pullback → into FVG zone (🔽), then a bullish push (🚀) towards $90,686.72 🎯.
🟡 Yellow arrow shows the anticipated price path.
📉 Support & Resistance Levels:
✅ Support: Around $86,000 - $86,500 (FVG zone).
🚀 Target: $90,686.72 (next major resistance).
📌 Exponential Moving Average (DEMA - 9):
🔹 The blue line (DEMA 9) at $87,414.57 is acting as dynamic resistance.
🔹 A break above this could confirm further upside movement.
💡 Conclusion:
🔸 Bullish bias remains strong 📈.
🔸 Watch for a dip into the FVG zone before a potential rally 🚀.
🔸 If Bitcoin holds support, it may reach $90K+ soon 🎯🔥.
🔹 The price is moving upward within a parallel trend channel.
🔹 Blue arrows (🔵) indicate resistance points where the price struggled.
🔹 Red circles (🔴) highlight support areas where the price bounced.
🟦 Fair Value Gap (FVG) Zone:
🔸 The blue-shaded area (FVG zone) suggests a possible retracement before a bullish move.
🔸 If the price dips into this zone, it may find liquidity and bounce back up.
📊 Projected Price Movement:
⚡ Expected pullback → into FVG zone (🔽), then a bullish push (🚀) towards $90,686.72 🎯.
🟡 Yellow arrow shows the anticipated price path.
📉 Support & Resistance Levels:
✅ Support: Around $86,000 - $86,500 (FVG zone).
🚀 Target: $90,686.72 (next major resistance).
📌 Exponential Moving Average (DEMA - 9):
🔹 The blue line (DEMA 9) at $87,414.57 is acting as dynamic resistance.
🔹 A break above this could confirm further upside movement.
💡 Conclusion:
🔸 Bullish bias remains strong 📈.
🔸 Watch for a dip into the FVG zone before a potential rally 🚀.
🔸 If Bitcoin holds support, it may reach $90K+ soon 🎯🔥.
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join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
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.