BTCUSDT 4-Hour Chart Update and Analysis
Support: BTC has successfully formed two higher lows near $106,000-$107,000 (marked 1 and 2), indicating that the green area remains strong.
Resistance: The price is currently facing resistance near $111,500. This area served as previous support and could now limit short-term upside.
Trend: Price activity is showing stabilization after a pullback and is attempting to reclaim the breakdown level.
Outlook: Sustaining above the trendline and the $109,500-$110,000 range provides bullish support. If resistance is broken, a return to $113,000-$115,000 is targeted.
DYOR | NFA
Support: BTC has successfully formed two higher lows near $106,000-$107,000 (marked 1 and 2), indicating that the green area remains strong.
Resistance: The price is currently facing resistance near $111,500. This area served as previous support and could now limit short-term upside.
Trend: Price activity is showing stabilization after a pullback and is attempting to reclaim the breakdown level.
Outlook: Sustaining above the trendline and the $109,500-$110,000 range provides bullish support. If resistance is broken, a return to $113,000-$115,000 is targeted.
DYOR | NFA
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Penerbitan berkaitan
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.