#cryptotradingpro #Signal🚥.
Technical analysis on the $BTC /USD chart (4 hours)
🔍 Key levels:
• Resistance: ~107,450–107,500 (current trading zone, marked by a SELL signal).
• Key support: ~104,982 — if broken down, a drop to:
• Lower target: ~98,240–98,173 (lower channel boundary) is possible.
📈 Structure:
• The descending channel (marked by red dotted lines) is preserved.
• Wedge (exit down) and further momentum — working out is taking place.
• The green arrow up indicates a probable breakout above 108,000, but volume and a breakout of the channel are needed.
🟢/🔴 Scenarios:
• Bullish scenario: Breakout above 107,500–108,000 → potentially to 110,587.
• Bearish scenario: Rejection of 107,500 → test of 104,982 → drop to 98,200.
📊 BBP indicator (bottom):
• Moves into the green zone, which may indicate a local recovery or a breakout attempt.
⚠️Conclusion:
• BTC is now in a key decision zone. If it does not break through 107,500–108,000, a drop to 98k is likely. The situation is in balance — we are waiting for a breakout of one of the limits.