Bitcoin is trading inside an ascending channel and has just tapped into a supply zone, making this a clean scenario for a short‑term counter‑trend short back toward prior support. The idea is to fade the move inside the supply, then ride price down to the support level where buyers previously stepped in.
Price has been respecting an ascending channel. Current location is at the upper band plus an overlapping supply zone, which often acts as a magnet for profit‑taking and short entries.
After a strong impulsive leg up, price is overextended into supply on the 15m chart, with RSI elevated and showing potential for momentum fade rather than fresh trend acceleration.
Take Profit:
Stop Loss: Conservative: Just above the supply zone and recent high, around 92,300–92,500.
Price has been respecting an ascending channel. Current location is at the upper band plus an overlapping supply zone, which often acts as a magnet for profit‑taking and short entries.
After a strong impulsive leg up, price is overextended into supply on the 15m chart, with RSI elevated and showing potential for momentum fade rather than fresh trend acceleration.
Take Profit:
- TP1: Mid‑channel near 90,000–90,200 to secure partial profits.
- TP2: Support zone around 89,200–89,300, where the last strong breakout originated.
Stop Loss: Conservative: Just above the supply zone and recent high, around 92,300–92,500.
Transakcja zamknięta: osiągnięto wyznaczony cel
Mid channel reached, according to my initial target for partial profits. A full retrace to the lower part of the channel It is still possible in the next days
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Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.