Overall Structure & Trend
Over the past several 4-hour candles, BTCUSD has carved out a series of higher lows around 116,500–117,000 and higher highs around 120,000–120,500, defining a gentle up-sloping channel.
The current price (118,758) sits just above the middle of that channel, suggesting there’s still room toward the upper trendline before meeting heavy supply.
Key Support & Entry Zone
Primary support lies at 117,200–117,500 (the former swing high from three bars ago), which also aligns with the 50% retracement of the move up from 114,500 to 120,500. That zone offers confluence for the 118,758 entry.
A secondary buffer sits at 116,849 (your stop-loss), just below the channel’s lower boundary—if price breaches here, the bullish structure would be invalidated.
Over the past several 4-hour candles, BTCUSD has carved out a series of higher lows around 116,500–117,000 and higher highs around 120,000–120,500, defining a gentle up-sloping channel.
The current price (118,758) sits just above the middle of that channel, suggesting there’s still room toward the upper trendline before meeting heavy supply.
Key Support & Entry Zone
Primary support lies at 117,200–117,500 (the former swing high from three bars ago), which also aligns with the 50% retracement of the move up from 114,500 to 120,500. That zone offers confluence for the 118,758 entry.
A secondary buffer sits at 116,849 (your stop-loss), just below the channel’s lower boundary—if price breaches here, the bullish structure would be invalidated.
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Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.