Currency name BTC_USDT
Update on the daily frame
In the current overview, we find ourselves inside a symmetrical ascending channel formed since 11/3/2024
And the price respects it in all its corners, whether at the midpoint or at one of the ends
We are currently close to the midpoint of this channel
It happens that the same area, which is the 99500K area, is the last order for short positions and a real resistance for the currency and also a liquidity area
We also have in the same area the intersection of price clusters for the Fibonacci extension and retracement tool
We have now also relied on breaking the structure of the current movement after the daily close above the HH price of 95747
We also have an inverted trend and our support is at the top after the retest
The summary of this chart in numbers, and please read carefully ...
The real support now is at prices
92.575 91.240
As long as trading is above them, the rise is inevitable
The real resistances are at each of ...
99.000 103.000 106.432
There is no objection to correction after visiting each price, but
The overall current and upcoming movement is purely bullish without bias
However, after the support at the highest price of 99000, which is currently the closest based on the data
And God is the grantor of success
