Hey traders! Let’s dive into this juicy BTCUSDT 1-hour chart. Bitcoin is teasing us with some serious action!
We’ve got a textbook symmetrical triangle pattern forming, with price consolidating tightly between converging trendlines. This is a classic setup for a big move — Bitcoin is coiling up like a spring, ready to explode!
The chart shows multiple phases of consolidation, with the latest triangle pushing BTC toward a critical decision point near the weekly high of $95,773.15 and the monthly high of $95,119.06.
The price is currently hovering around $95,000, testing resistance. A breakout above the upper trendline could send BTC soaring past $96,600, potentially targeting $97,200 or higher!
On the flip side, a rejection here might see it dip toward the daily low of $92,839.27 or even the lower trendline for support.
Key Levels to Watch:
✉ What do you think — bullish breakout or bearish?
Drop your thoughts below!
We’ve got a textbook symmetrical triangle pattern forming, with price consolidating tightly between converging trendlines. This is a classic setup for a big move — Bitcoin is coiling up like a spring, ready to explode!
The chart shows multiple phases of consolidation, with the latest triangle pushing BTC toward a critical decision point near the weekly high of $95,773.15 and the monthly high of $95,119.06.
The price is currently hovering around $95,000, testing resistance. A breakout above the upper trendline could send BTC soaring past $96,600, potentially targeting $97,200 or higher!
On the flip side, a rejection here might see it dip toward the daily low of $92,839.27 or even the lower trendline for support.
Key Levels to Watch:
Resistance: $95,773.15 (weekly high)
Support: $92,839.27 (daily low)
Breakout Target: $97,200+
Breakdown Target: $92,800
✉ What do you think — bullish breakout or bearish?
Drop your thoughts below!
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
📲 Join Telegram Trading Community: t.me/+5hlxWmhHaKplN2Rk
🎙️ 𝘾𝙊𝙈𝙄𝙉𝙂 𝙎𝙊𝙊𝙉 Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 linktr.ee/artemcrypto ✅
🎙️ 𝘾𝙊𝙈𝙄𝙉𝙂 𝙎𝙊𝙊𝙉 Daily Live Streams on 🔴 𝗬𝗼𝘂𝗧𝘂𝗯𝗲
🔍 linktr.ee/artemcrypto ✅
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.