Looking at this BTC/USD 15-minute chart, after a clear change of character (CHOCH) signaling potential shift in momentum, price is currently consolidating near a support zone. If buyers step in and hold above this level, BTC could aim for the liquidity zone around 117,154. This setup suggests a possible bounce and recovery, so it’s worth watching for buying momentum to confirm a bullish reversal.
This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk, and you should conduct your own research or consult a financial advisor before making any trading decisions.
This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk, and you should conduct your own research or consult a financial advisor before making any trading decisions.
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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.
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.