Hello everyone, here is my breakdown of the current BTCUSDT setup.
Market Analysis
BTC previously traded inside a downward channel, confirming bearish pressure with consistent lower highs. After a breakout from the channel, price entered a range, showing consolidation and accumulation.Following this, the market formed a triangle structure, where price is compressing between a descending resistance line and a rising support line.
Currently, price is approaching the 68,000 resistance zone, while holding above the 66,300 support zone, with structure tightening.
My Scenario & Strategy
As long as BTCUSDT holds above the 66,300 support and continues respecting the triangle structure, a bullish breakout remains possible. A move above the 68,000 resistance could trigger continuation toward higher levels (TP1).
However, if price breaks below 66,300, the bullish scenario would weaken and downside pressure could return.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
Market Analysis
BTC previously traded inside a downward channel, confirming bearish pressure with consistent lower highs. After a breakout from the channel, price entered a range, showing consolidation and accumulation.Following this, the market formed a triangle structure, where price is compressing between a descending resistance line and a rising support line.
Currently, price is approaching the 68,000 resistance zone, while holding above the 66,300 support zone, with structure tightening.
My Scenario & Strategy
As long as BTCUSDT holds above the 66,300 support and continues respecting the triangle structure, a bullish breakout remains possible. A move above the 68,000 resistance could trigger continuation toward higher levels (TP1).
However, if price breaks below 66,300, the bullish scenario would weaken and downside pressure could return.
That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.
עסקה סגורה: היעד הושג
The triangle pattern broke through to the upside, as we expected. Target achieved. Congratulations everyone!
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❤️Welcome to my telegram channel👉🏼 t.me/ratner_trading
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
🚀If you want became part of my trading team & start making big profits welcome to my paid VIP signals group, write me✏️ t.me/ratner_1
❤️Welcome to my telegram channel👉🏼 t.me/ratner_trading
❤️Welcome to my telegram channel👉🏼 t.me/ratner_trading
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.