Hey guys
Bitcoin has recently broken out of a long-term descending channel, which has caught the attention of many traders. Typically, once the price stabilizes outside of such a channel with confirmed candlestick closes, buyers enter the market in anticipation of a bullish move. However, it's important to be cautious.
There is still a possibility that the price may retrace to a highlighted liquidity zone below, where it can gather enough momentum and liquidity for a stronger upward movement.
Therefore, traders should be aware of potential false breakouts and wait for solid confirmations before fully committing to long positions.
Bitcoin has recently broken out of a long-term descending channel, which has caught the attention of many traders. Typically, once the price stabilizes outside of such a channel with confirmed candlestick closes, buyers enter the market in anticipation of a bullish move. However, it's important to be cautious.
There is still a possibility that the price may retrace to a highlighted liquidity zone below, where it can gather enough momentum and liquidity for a stronger upward movement.
Therefore, traders should be aware of potential false breakouts and wait for solid confirmations before fully committing to long positions.
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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。