Hello traders! Here’s my technical outlook based on the current BTCUSDT (4H) chart structure. BTCUSDT previously traded inside a broad descending channel before breaking below support, confirming a bearish shift. After consolidating inside a range, buyers regained control from the 62,900 Demand Zone and pushed price into an ascending channel. The recovery has now reached the 67,000 Supply Zone.
Currently, BTCUSDT is trading above the 62,900 Demand Zone while approaching the 67,000 Supply Zone. Price continues to respect the ascending channel, although the nearby supply area may trigger selling pressure.
As long as BTCUSDT remains above the 62,900 Demand Zone and holds within the ascending channel, the bullish scenario remains valid. A continuation higher could push price toward the 67,000 Supply Zone (TP1). Manage your risk!
Currently, BTCUSDT is trading above the 62,900 Demand Zone while approaching the 67,000 Supply Zone. Price continues to respect the ascending channel, although the nearby supply area may trigger selling pressure.
As long as BTCUSDT remains above the 62,900 Demand Zone and holds within the ascending channel, the bullish scenario remains valid. A continuation higher could push price toward the 67,000 Supply Zone (TP1). Manage your risk!
Operación activa
We see that we were able to enter the resistance zone, which is already a good result, but let's see if the sellers can provoke a correction!
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🔶 Free telegram channel👉 t.me/heniitrading
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 t.me/henii_trader
💎 I'm open for cooperation/advertising, not interested in rebate
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.