#Bitcoin has been moving in a downtrend, but the market structure is showing early signs of a potential reversal. On the 30-minute timeframe, #BTC is forming a harmonic pattern, which could trigger a strong bullish move once confirmed.
On the 15-minute timeframe, I’m watching for two key confirmations:
Bullish Divergence
Break and Retest of the Resistance Level (highlighted on the chart)
Once both conditions align, I’ll be looking to enter a long position on the retest, following proper risk management.
Patience is key — no early entries until confirmation!
What’s your view on this setup? Do you think #BTC will reverse soon or continue the downtrend? Drop your thoughts below!
#BTC #Bitcoin #Crypto #HarmonicPattern #TechnicalAnalysis #TradingSetup #PriceAction #CryptoTrading #TrendReversal
On the 15-minute timeframe, I’m watching for two key confirmations:
Bullish Divergence
Break and Retest of the Resistance Level (highlighted on the chart)
Once both conditions align, I’ll be looking to enter a long position on the retest, following proper risk management.
Patience is key — no early entries until confirmation!
What’s your view on this setup? Do you think #BTC will reverse soon or continue the downtrend? Drop your thoughts below!
#BTC #Bitcoin #Crypto #HarmonicPattern #TechnicalAnalysis #TradingSetup #PriceAction #CryptoTrading #TrendReversal
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