📉 Analysis of BTC/USDT (4H, Binance)
🔍 Compression in a symmetrical triangle — a powerful breakout is brewing
📌 Current structure:
The price is forming a symmetrical triangle — a sign of consolidation before a strong movement. Local highs and lows are compressing towards the top, volatility is decreasing — the market is in a phase of accumulation/distribution.
📊 Technical signals:
MA(7/25) — the price is testing these levels as resistance, the bulls are currently unable to break through.
MA(99) (long-term support) — the price is bouncing off it, the bulls are protecting the base.
SAR above the price — signal of downward pressure.
Ishimoku: the price is in the cloud, Chikou Span is near the price — neutral zone, the market is balanced.
BB (Bollinger Bands) — narrowing, readiness for a volatile impulse 💥.
🔼 Bullish scenario (breakout upwards):
Levels to pay attention to: 108665, 108955, then — 110067 and 110848.
Breaking and consolidating above the triangle => potential to 111941 and above.
🔽 Bearish scenario (breakout downwards):
Support: 107063, then — 106462 (MA99), critical level.
Loss of the triangle downwards => return to 105000–104000.
📅 Conclusion:
BTC is in a zone of uncertainty, and the next 24–48 hours are critical. A breakout of one of the triangle's boundaries will give direction to the next powerful movement. We are waiting for the impulse.
🧠 Strategy: Waiting for a breakout + confirmation by volume → entry in the direction of the impulse.