FUTURES ZONE
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Bullish
Precise analysis of Bitcoin on the hourly frame:
The price is witnessing a clear upward wave after a strong downward movement and a rebound from a lower liquidity area. A descending structure has been broken and liquidity has shifted upward, giving an advantage for continuation of the rise.
Trend: Bullish
Entry Area: Any retest of the level 108200 - 108400 is a good buying opportunity.
Target: 109200 - 109600
Stop Loss: Close of an hourly candle below 107800
Monitor price movement closely at liquidity areas in anticipation of any sudden reversal.
The price is witnessing a clear upward wave after a strong downward movement and a rebound from a lower liquidity area. A descending structure has been broken and liquidity has shifted upward, giving an advantage for continuation of the rise.
Trend: Bullish
Entry Area: Any retest of the level 108200 - 108400 is a good buying opportunity.
Target: 109200 - 109600
Stop Loss: Close of an hourly candle below 107800
Monitor price movement closely at liquidity areas in anticipation of any sudden reversal.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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