BBTC: Showing strength from a critical level!
⚡️Price Analysis:
1️⃣ Perfect retest of 5-year ATH breakout level.
2️⃣ Overall price structure is bullish.
3️⃣ EMAs are providing dynamic support to the price.
4️⃣ Volumes are good.
5️⃣ Price respecting and bouncing from the fibonacci 60% retracement level.
✨ Key Observations:
➡️ Multiple timeframe alignment showing strength
➡️ Ideal RRR setup at current retest level
➡️ 1:3 RRR can be expected.
➡️ Multiple target zones visible on upside
➡️ Trend structure remains strongly bullish
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts on the analysis below! ✌️
🔥 Happy Trading!✅🚀
1️⃣ Perfect retest of 5-year ATH breakout level.
2️⃣ Overall price structure is bullish.
3️⃣ EMAs are providing dynamic support to the price.
4️⃣ Volumes are good.
5️⃣ Price respecting and bouncing from the fibonacci 60% retracement level.
✨ Key Observations:
➡️ Multiple timeframe alignment showing strength
➡️ Ideal RRR setup at current retest level
➡️ 1:3 RRR can be expected.
➡️ Multiple target zones visible on upside
➡️ Trend structure remains strongly bullish
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts on the analysis below! ✌️
🔥 Happy Trading!✅🚀
Anubrata Ray ⚡
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Anubrata Ray ⚡
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.