Hello traders! Here’s my technical outlook based on the current BTCUSDT (4H) chart structure. BTC previously traded inside a descending channel before breaking out and forming a wide consolidation range. After establishing a pivot low, price reversed and started building a bullish structure with higher lows along an ascending trend line, supported by multiple fake breakouts that confirmed buyer strength.
Currently, BTC tested the 72,500 resistance (supply zone) and faced rejection, followed by a pullback toward the 69,500 demand zone, which aligns with the rising trend line and previous breakout area.
As long as price holds above 69,500 and respects the ascending trend line, the bullish bias remains valid. A bounce from this confluence could push BTC back toward the 72,500 resistance, which is the main upside target. However, if price breaks below 69,500, the bullish structure would weaken and a deeper correction could follow. Manage your risk!
Currently, BTC tested the 72,500 resistance (supply zone) and faced rejection, followed by a pullback toward the 69,500 demand zone, which aligns with the rising trend line and previous breakout area.
As long as price holds above 69,500 and respects the ascending trend line, the bullish bias remains valid. A bounce from this confluence could push BTC back toward the 72,500 resistance, which is the main upside target. However, if price breaks below 69,500, the bullish structure would weaken and a deeper correction could follow. Manage your risk!
액티브 트레이드
We see that the level we marked gave the expected reaction and Bitcoin began to recover. However, sellers also became more active, which may indicate the beginning of consolidation.매매 수동청산
After the consolidation, Bitcoin fell below the trend line, which indicates the weakness of the trend itself and its possible change!
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
🔶 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
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.