McDonald’s Testing Support—Is This the Next Bullish Combo Meal ?
By:TradingView
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
MCD remains in a strong bullish structure, trading within a well-defined blue rising channel, consistently printing higher highs and higher lows.
Price has now tapped into a key confluence zone:
• Lower boundary of the rising channel
• Weekly major low support
As long as this area holds, the bullish structure remains intact, and we can anticipate a potential continuation move toward all-time high territory.
This gives us an edge to look for trend-following long opportunities, with confirmation on lower timeframes before entry.
Invalidation:
A confirmed close below $275 and a breakdown of the channel would weaken the bullish outlook, opening the door for a move toward the next support zone and demand around $245–$250.
Good Luck.
Price has now tapped into a key confluence zone:
• Lower boundary of the rising channel
• Weekly major low support
As long as this area holds, the bullish structure remains intact, and we can anticipate a potential continuation move toward all-time high territory.
This gives us an edge to look for trend-following long opportunities, with confirmation on lower timeframes before entry.
Invalidation:
A confirmed close below $275 and a breakdown of the channel would weaken the bullish outlook, opening the door for a move toward the next support zone and demand around $245–$250.
Good Luck.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Dollarama Inc. Is Maintained at Outperform by RBC Capital
Dow Jones•2026/09/17 15:55
Eldorado Gold Corp. Is Maintained at Buy by Stifel
Dow Jones•2026/09/17 15:55
Edel expands institutional push as Wall Street tokenization, atures
Cointelegraph•2026/09/17 14:45
Correct: Intuit Sees 1Q Adj EPS $2.44-Adj EPS $2.48 >INTU
Dow Jones•2026/09/17 13:07
Crypto prices
MoreBitcoin
BTC
$76,694.68
+1.22%
Ethereum
ETH
$2,467.87
+3.03%
Tether USDt
USDT
$0.9991
-0.02%
BNB
BNB
$726.89
+2.14%
XRP
XRP
$1.3
+2.95%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$101.15
+3.93%
TRON
TRX
$0.3340
-0.57%
Zcash
ZEC
$1,472.83
+16.26%
Hyperliquid
HYPE
$82.17
+4.16%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now