How I Use Bybit Referral Code BY500 for BTC Scalping –Live TradeBTC/USDT – 4H Scalping Setup with Real Price Action Zones & Channel Analysis (Bybit Referral code BY500 Chart) Over the past few weeks, Bitcoin has been moving within a clear ascending channel with multiple pullbacks creating scalp-worthy entries on the 4H timeframe. In this analysis, I’m sharing my current BTC/USDT scalping strategy built around support/resistance, channel breakouts, and confluence zones—all visualized on the chart above.
Current BTC Setup:
BTC is currently trading near $107,800, having bounced from the $100,769 red support line
A potential retest of the descending wedge is underway
The price remains above a critical long-term support zone marked in blue channels, suggesting a bullish mid-term outlook
Why I Use This Strategy
My scalping technique is based on identifying high-probability zones within channel ranges, especially in confluence with long-term trendlines. This strategy is particularly effective when using exchanges with low fees and fast execution.
I personally trade this setup using a platform that offers deep liquidity and competitive trading fees (hint: chart is from that platform). Lower fees = better ROI per scalp, especially in volatile conditions.
Scalping Tools Used:
Channels: To identify swing zones and trend continuation
Volume zones: (Not shown here, but used on execution layer)
Multi-timeframe confluence
Support/Resistance flips
Pro Tip:
If you're an active scalper, always watch for:
Wick rejections at trendlines
Volume surge near breakout
Failing rallies as signs of retracement
usE bYBIT referral Code - BY500
These are all visible in this BTC structure.
