BTC/USDT Technical Analysis - 4H Timeframe
In the chart, we can see that the price, after forming a bearish structure and registering lower lows (LL), has entered a corrective phase. Considering the red resistance zones (Supply Zones) marked on the chart, the price has shown reactions in these areas.
The analysis structure includes the following trend:
Formation of higher highs (HH) followed by a pullback towards lower supports.
It is anticipated that after testing the resistance zone (HH), the price will likely move downward towards support levels, forming lower lows.
Forecast:
Based on the price reaction at the resistance zone, a potential bearish scenario is expected with the price reaching support levels (as indicated by the blue arrow).
Note: This analysis is purely personal and is not financial advice for buying or selling.
In the chart, we can see that the price, after forming a bearish structure and registering lower lows (LL), has entered a corrective phase. Considering the red resistance zones (Supply Zones) marked on the chart, the price has shown reactions in these areas.
The analysis structure includes the following trend:
Formation of higher highs (HH) followed by a pullback towards lower supports.
It is anticipated that after testing the resistance zone (HH), the price will likely move downward towards support levels, forming lower lows.
Forecast:
Based on the price reaction at the resistance zone, a potential bearish scenario is expected with the price reaching support levels (as indicated by the blue arrow).
Note: This analysis is purely personal and is not financial advice for buying or selling.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.