đš BTCUSDT 30M â 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:
đč $78,240 reversal zone â already showed a reaction
đč Arc formation â price is gradually building toward the upper boundary
đč $78.8K area â 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 đŻ
Bullish scenario: $78.8K confirmation â arc completion â $81K
If BTC loses the $78,240 reversal zone with strong bearish momentum, this setup becomes invalid.
For now, patience â confirmation first, entry second. đ
#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:
đč $78,240 reversal zone â already showed a reaction
đč Arc formation â price is gradually building toward the upper boundary
đč $78.8K area â 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 đŻ
Bullish scenario: $78.8K confirmation â arc completion â $81K
If BTC loses the $78,240 reversal zone with strong bearish momentum, this setup becomes invalid.
For now, patience â confirmation first, entry second. đ
#bitcoin #BTC #BTCUSDT #TechnicalAnalysis
