🧩 Megaphone Formation (Broadening Wedge)
Volatility expanding inside a widening range
Price now testing the Fib cluster (0.66–0.618) between 105,568–105,987
RSI at 66.3, nearing overbought — pressure is building
Volume surging above 20-period MA → breakout imminent
🎯 Key Confluences:
Upper Bollinger Band: 105,950
Mid BB (Basis): 105,110
Lower BB: 104,342
55 SMA: 104,500
SL Zone (Invalidation): Above 106,500 (upper wick resistance)
🔻 Bearish Breakdown Scenario:
Loss of 105,100 and breakdown from lower wedge line
RSI drops < 45 + volume spike → hedge confirmation
Targets: 104,000 → 102,500
🔺 Bullish Breakout Scenario:
Close above 106,000–106,500 with volume
Targets: 107,800 → 108,900
Manage with trailing stops — things will be quick!
⚠️ Summary:
Megaphone = Volatility Bomb
Stay nimble. If BTC fails at this Fib zone, the breakdown will be fast and decisive. If it breaks out, bulls might squeeze higher but need volume to sustain it.
Volatility expanding inside a widening range
Price now testing the Fib cluster (0.66–0.618) between 105,568–105,987
RSI at 66.3, nearing overbought — pressure is building
Volume surging above 20-period MA → breakout imminent
🎯 Key Confluences:
Upper Bollinger Band: 105,950
Mid BB (Basis): 105,110
Lower BB: 104,342
55 SMA: 104,500
SL Zone (Invalidation): Above 106,500 (upper wick resistance)
🔻 Bearish Breakdown Scenario:
Loss of 105,100 and breakdown from lower wedge line
RSI drops < 45 + volume spike → hedge confirmation
Targets: 104,000 → 102,500
🔺 Bullish Breakout Scenario:
Close above 106,000–106,500 with volume
Targets: 107,800 → 108,900
Manage with trailing stops — things will be quick!
⚠️ Summary:
Megaphone = Volatility Bomb
Stay nimble. If BTC fails at this Fib zone, the breakdown will be fast and decisive. If it breaks out, bulls might squeeze higher but need volume to sustain it.
Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Protect your Bitcoin investment with our realtime alerts and fully automate your trading. No more sleepless nights, black swans, rug pulls, whale pump & dumps or getting sidelined.
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。