#Bitcoin has been moving in a downtrend, but the market structure is showing early signs of a potential reversal. On the 30-minute timeframe, #BTC is forming a harmonic pattern, which could trigger a strong bullish move once confirmed.
On the 15-minute timeframe, I’m watching for two key confirmations:
Bullish Divergence
Break and Retest of the Resistance Level (highlighted on the chart)
Once both conditions align, I’ll be looking to enter a long position on the retest, following proper risk management.
Patience is key — no early entries until confirmation!
What’s your view on this setup? Do you think #BTC will reverse soon or continue the downtrend? Drop your thoughts below!
#BTC #Bitcoin #Crypto #HarmonicPattern #TechnicalAnalysis #TradingSetup #PriceAction #CryptoTrading #TrendReversal
On the 15-minute timeframe, I’m watching for two key confirmations:
Bullish Divergence
Break and Retest of the Resistance Level (highlighted on the chart)
Once both conditions align, I’ll be looking to enter a long position on the retest, following proper risk management.
Patience is key — no early entries until confirmation!
What’s your view on this setup? Do you think #BTC will reverse soon or continue the downtrend? Drop your thoughts below!
#BTC #Bitcoin #Crypto #HarmonicPattern #TechnicalAnalysis #TradingSetup #PriceAction #CryptoTrading #TrendReversal
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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.