Hello traders! Here’s my technical outlook based on the current BTCUSDT (1H) chart structure. BTCUSDT previously traded inside a range before breaking higher and later forming a descending structure. Price then created a Rounding Bottom near the lows and broke above the Buyer Zone, shifting momentum bullish.Currently, BTCUSDT is trading below the 79,600 Seller Zone while holding above the 77,400 Buyer Zone and Support Level. The recent bounce from the Rounding Bottom suggests buyers are preparing for another move higher. As long as BTCUSDT remains above the 77,400 Buyer Zone and respects the current support structure, the bullish scenario remains valid. A continuation higher could push price toward the 79,600 Seller Zone (TP1). However, a breakdown and close below the Buyer Zone would weaken the bullish outlook and increase the possibility of further downside. Please share this idea with your friends and click "Boost" 🚀
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💰Want receive more profitable signals for Crypto & Forex market, write me PM 👉 bit.ly/4fNijD8
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
