BTC/USD (H4) — Bullish Reversal Setup
Bitcoin is currently showing signs of a potential bullish reversal after reaching a key support level around the $108,000 zone.
The price has formed a falling wedge pattern, which typically signals a trend reversal once a breakout occurs.
Key observations:
🔹 Support Level: Strong demand zone around $108,000 has held multiple times.
🔹 Falling Wedge: Market compression indicates sellers losing momentum.
🔹 Order Block: A key resistance area lies between $113,000–$114,000.
🔹 Target: Once price breaks above the wedge and reclaims the order block, the next target sits near $114,347.
Bias: Bullish
Target: $114,347
Timeframe: 4H (Medium-term outlook)
Invalidation: A 4H close below $107,800 would negate this bullish setup.
Bitcoin is currently showing signs of a potential bullish reversal after reaching a key support level around the $108,000 zone.
The price has formed a falling wedge pattern, which typically signals a trend reversal once a breakout occurs.
Key observations:
🔹 Support Level: Strong demand zone around $108,000 has held multiple times.
🔹 Falling Wedge: Market compression indicates sellers losing momentum.
🔹 Order Block: A key resistance area lies between $113,000–$114,000.
🔹 Target: Once price breaks above the wedge and reclaims the order block, the next target sits near $114,347.
Bias: Bullish
Target: $114,347
Timeframe: 4H (Medium-term outlook)
Invalidation: A 4H close below $107,800 would negate this bullish setup.
t.me/SureShotGoldfx12
🔥 What You'll Get:
✅Daily Forex signals with high accuracy
✅Technical & fundamental analysis
✅Risk management tips to protect your
capital
t.me/SureShotGoldfx12
卤Join now and start winning
🔥 What You'll Get:
✅Daily Forex signals with high accuracy
✅Technical & fundamental analysis
✅Risk management tips to protect your
capital
t.me/SureShotGoldfx12
卤Join now and start winning
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
t.me/SureShotGoldfx12
🔥 What You'll Get:
✅Daily Forex signals with high accuracy
✅Technical & fundamental analysis
✅Risk management tips to protect your
capital
t.me/SureShotGoldfx12
卤Join now and start winning
🔥 What You'll Get:
✅Daily Forex signals with high accuracy
✅Technical & fundamental analysis
✅Risk management tips to protect your
capital
t.me/SureShotGoldfx12
卤Join now and start winning
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.