BTC/USDT – 1H Analysis
Price has broken out of the descending trendline after forming a series of lower highs (LH) and lower lows (LL). The breakout was followed by strong bullish momentum, pushing price into the long trade zone.
• Breakout Confirmation: Price retested the breakout zone before continuing upward.
• Current Price Action: After reaching a local high near 122,800, BTC is in a minor pullback, retesting support around 118,150 – 118,190.
• Key Supports: 117,340 · 115,980 · 115,238 · 114,658
• Key Resistance: 119,848 · 122,326
• Bias: Bullish above 118,150; deeper correction possible if support fails, targeting 117,340 and lower white zone.
Price has broken out of the descending trendline after forming a series of lower highs (LH) and lower lows (LL). The breakout was followed by strong bullish momentum, pushing price into the long trade zone.
• Breakout Confirmation: Price retested the breakout zone before continuing upward.
• Current Price Action: After reaching a local high near 122,800, BTC is in a minor pullback, retesting support around 118,150 – 118,190.
• Key Supports: 117,340 · 115,980 · 115,238 · 114,658
• Key Resistance: 119,848 · 122,326
• Bias: Bullish above 118,150; deeper correction possible if support fails, targeting 117,340 and lower white zone.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.