BTC 1H Analysis – Key Triggers Ahead | Day 10

💀 Hey , how's it going ? Come over here — Satoshi got something for you !

⏰ We’re analyzing BTC on the 1-hour timeframe .

👀 After completing its correction, BTC broke the 120,140 zone and consolidated above it, now heading toward higher resistance levels. Increasing buy volume and support from moving averages are observed .

🎮 Fib drawn from the bearish channel breakout to the 122,300 ticker seller zone. The last resistance for ending the correction and forming a new bullish structure was the 0.61 Fib level, which was broken and consolidated above. The next resistance (potential new ATH) is at the 0 Fib level .

⚙️ BTC is approaching the overbought zone on RSI , which could facilitate a stronger push toward resistance and a potential breakout .

👑 Moving Averages:
MAs (medium and low wave cycles) are strongly bullish , showing high momentum .

🕯 Volume & Market Session :
Rising buy volume is noted . We're approaching the New York session, which may bring increased buying pressure. Stay at your system during this session to monitor the chart .

🔔 Set an alert at 122,300 to observe price behavior. This zone offers low-risk trading opportunities , and price action here can guide trade decisions .

🖥 Summary : BTC has broken the key Fibonacci zone, signaling the end of its correction. Taking a long position now may be challenging , but price action at 122,300 can provide a good trading opportunity .

📊 On the 1H timeframe for USDT.D , USDT.D broke the 4.10 zone and is moving downward. The next support is at 3.92 .
❤️ Disclaimer : This analysis is purely based on my personal opinion and I only trade if the stated triggers are activated .