The chart shows a clear sell setup for BTC/USD on the 4-hour timeframe:
A key ascending trendline has been broken, indicating a shift in market structure.
Price action is currently forming a lower high beneath a descending resistance line.
This suggests bearish momentum is building.
The projected target zone is around 97,778–97,839, aligning with previous support levels.
Unless price breaks back above the descending trendline, the setup favors further downside.
Trade active
Great our analysis running is well market reached 101k
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🟡 TELEGRAM CHANNEL:
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
Free Signals With Technical Chart:
t.me/+JLFlD0eg3LFjNjU8
📞TELEGRAM ME
@t.me/daniel9145
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.