This 1H BTCUSD chart shows price previously respecting a **descending channel** (marked in red), indicating short-term bearish pressure. However, the structure shifted after a strong bullish impulse from the lower support area, where price bounced off a **rising trendline** (green).
Currently, price is consolidating inside a range while holding above the ascending trendline and partially supported by the Ichimoku cloud. The descending resistance is still in play, but momentum is slowly favoring buyers as higher lows are being formed.
A breakout above the descending channel resistance would confirm bullish continuation, especially if price sustains above the cloud and trendline confluence.
**🎯 Target:**
* **Primary Target:** 78,900 – 79,000 zone
* This aligns with the projected breakout move and prior resistance area.
**⚠️ Key Levels to Watch:**
* Support: 77,200 – 77,400 (trendline + cloud support)
* Resistance: 78,400 → 79,000 (channel top + target zone)
Currently, price is consolidating inside a range while holding above the ascending trendline and partially supported by the Ichimoku cloud. The descending resistance is still in play, but momentum is slowly favoring buyers as higher lows are being formed.
A breakout above the descending channel resistance would confirm bullish continuation, especially if price sustains above the cloud and trendline confluence.
**🎯 Target:**
* **Primary Target:** 78,900 – 79,000 zone
* This aligns with the projected breakout move and prior resistance area.
**⚠️ Key Levels to Watch:**
* Support: 77,200 – 77,400 (trendline + cloud support)
* Resistance: 78,400 → 79,000 (channel top + target zone)
Transaction en cours
active Trade fermée: cible de profit atteinte
my given target has been successfully achieved 
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.