Hello everyone,
This BTC/USDT chart reflects a powerful structural shift in market momentum. Initially, Bitcoin showed a fake bearish breakout below a key support zone. However, the move lacked follow-through, and buyers quickly stepped in to invalidate the breakdown.
Bulls then broke above a major resistance level, flipping it into support. Price pushed to a new local high before retracing to retest the breakout zone, which held firm. Interestingly, BTC also retested two previous support areas, confirming strong buyer interest and absorption of selling pressure.
Now, with demand zones respected and price pushing upward again, BTC is showing signs of a bullish continuation. This setup highlights a common price action sequence: fakeout → breakout → support retest → continuation.
📘 This chart is for educational and analytical purposes only and does not constitute financial advice.
This BTC/USDT chart reflects a powerful structural shift in market momentum. Initially, Bitcoin showed a fake bearish breakout below a key support zone. However, the move lacked follow-through, and buyers quickly stepped in to invalidate the breakdown.
Bulls then broke above a major resistance level, flipping it into support. Price pushed to a new local high before retracing to retest the breakout zone, which held firm. Interestingly, BTC also retested two previous support areas, confirming strong buyer interest and absorption of selling pressure.
Now, with demand zones respected and price pushing upward again, BTC is showing signs of a bullish continuation. This setup highlights a common price action sequence: fakeout → breakout → support retest → continuation.
📘 This chart is for educational and analytical purposes only and does not constitute financial advice.
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Real Trades • Risk-Managed Strategies • Market Insights
Join Telegram: t.me/RobertFXAssets
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Forex | Gold | Crypto | Indices
Signals Across All Major Symbols
Real Trades • Risk-Managed Strategies • Market Insights
Join Telegram: t.me/RobertFXAssets
Signals Across All Major Symbols
Real Trades • Risk-Managed Strategies • Market Insights
Join Telegram: t.me/RobertFXAssets
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。