๐จ BTCUSDT 30M โ Double Confirmation Setup
Bitcoin is currently around $78.8K and the 30M chart is forming a clear arc-shaped structure.
Two things are catching my attention:
๐น $78,240 reversal zone โ already showed a reaction
๐น Arc formation โ price is gradually building toward the upper boundary
๐น $78.8K area โ I want to see a strong bullish candle/engulfing confirmation here
If buyers confirm the breakout and the arc continues to complete, the next major target is $81K ๐ฏ
Bullish scenario: $78.8K confirmation โ arc completion โ $81K
If BTC loses the $78,240 reversal zone with strong bearish momentum, this setup becomes invalid.
For now, patience โ confirmation first, entry second. ๐
#bitcoin #BTC #BTCUSDT #TechnicalAnalysis
Bitcoin is currently around $78.8K and the 30M chart is forming a clear arc-shaped structure.
Two things are catching my attention:
๐น $78,240 reversal zone โ already showed a reaction
๐น Arc formation โ price is gradually building toward the upper boundary
๐น $78.8K area โ I want to see a strong bullish candle/engulfing confirmation here
If buyers confirm the breakout and the arc continues to complete, the next major target is $81K ๐ฏ
Bullish scenario: $78.8K confirmation โ arc completion โ $81K
If BTC loses the $78,240 reversal zone with strong bearish momentum, this setup becomes invalid.
For now, patience โ confirmation first, entry second. ๐
#bitcoin #BTC #BTCUSDT #TechnicalAnalysis
