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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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
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。