This is a 1-hour chart of Bitcoin/USDT (BTC/USDT) on Binance. Here’s a technical analysis based on the chart:
BTC is trading around 115,445 USDT, up +1.15%.
1. 117,072 USDT – Immediate resistance.
2. 119,308 USDT – Next major resistance.
3. 120,000 USDT – Psychological resistance level.
If BTC breaks above 117,072 and sustains, it could push toward 119,000+.
1. 112,788 USDT – First major support.
2. 110,526 USDT – Intermediate support.
3. 107,836 USDT – Stronger support zone below.
If price drops below 112,788, further downside may come toward 110,500 and 107,800.
Bullish Scenario: If BTC breaks and holds above 117,072, the chart expects a move toward 119,308 or even 120,000.
Bearish Scenario: If BTC fails to break resistance and reverses, a drop to 112,788 or lower is expected, with possible deeper decline to 107,836.
Btcusd signal
BTC is trading around 115,445 USDT, up +1.15%.
1. 117,072 USDT – Immediate resistance.
2. 119,308 USDT – Next major resistance.
3. 120,000 USDT – Psychological resistance level.
If BTC breaks above 117,072 and sustains, it could push toward 119,000+.
1. 112,788 USDT – First major support.
2. 110,526 USDT – Intermediate support.
3. 107,836 USDT – Stronger support zone below.
If price drops below 112,788, further downside may come toward 110,500 and 107,800.
Bullish Scenario: If BTC breaks and holds above 117,072, the chart expects a move toward 119,308 or even 120,000.
Bearish Scenario: If BTC fails to break resistance and reverses, a drop to 112,788 or lower is expected, with possible deeper decline to 107,836.
Btcusd signal
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Btcusdt signal sell 100 pips running Gold signal
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t.me/ProTrader_9
My Channel Link
t.me/ProTrader_9
Check My Performance
t.me/ProTrader_9
My Channel Link
t.me/ProTrader_9
Check My Performance
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.