BTCUSDT 4H Chart Analysis
Pattern: The chart shows a double bottom at the $106,000–$107,000 zone (circled as points 1 and 2). Price bounced strongly after retesting this support region twice.
Support & Resistance: The green box highlights the major support zone, which has held firm and led to a reversal. Resistance remains at the gray band around $112,000–$113,000.
Setup: After confirming the double bottom, BTC has reclaimed $110,000 and is pushing toward resistance. The green bars suggest a bullish projection, targeting higher levels toward $117,000–$123,000 if BTC sustains momentum above resistance.
Summary:
BTC is bullish above $110,000, with a double bottom support in place. A successful breakout above local resistance could accelerate the uptrend in the coming sessions.
DYOR | NFA
Pattern: The chart shows a double bottom at the $106,000–$107,000 zone (circled as points 1 and 2). Price bounced strongly after retesting this support region twice.
Support & Resistance: The green box highlights the major support zone, which has held firm and led to a reversal. Resistance remains at the gray band around $112,000–$113,000.
Setup: After confirming the double bottom, BTC has reclaimed $110,000 and is pushing toward resistance. The green bars suggest a bullish projection, targeting higher levels toward $117,000–$123,000 if BTC sustains momentum above resistance.
Summary:
BTC is bullish above $110,000, with a double bottom support in place. A successful breakout above local resistance could accelerate the uptrend in the coming sessions.
DYOR | NFA
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.