On BTCUSD’s 4 - hour chart, downside risks prevail:
Resistance Holds
Price failed to break 110,500, showing strong selling pressure that caps bulls 🚫. A pullback is likely.
Downtrend Signals
Post - resistance, price is retracing. Candlesticks and chart arrows point to a drop toward 105,000 support, fueled by building bearish momentum ⬇️.
Support Test Looms
105,000 is the next key level 🔑. Even if support slows the fall, the setup favors downside—bullish reversals seem unlikely after resistance failure.
Trend Weakness
Orange trendlines show the prior uptrend is fragile 🧊. Failing at 110,500 signals fading bullish force, setting up for a bearish correction.
In short, the 4 - hour chart is bearish. Watch for drops to 105,000; 110,500 will likely block bulls 🛑. Trade cautiously with this bias.
🚀 Sell@108500 - 107500
🚀 TP 106500 - 105500
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
Resistance Holds
Price failed to break 110,500, showing strong selling pressure that caps bulls 🚫. A pullback is likely.
Downtrend Signals
Post - resistance, price is retracing. Candlesticks and chart arrows point to a drop toward 105,000 support, fueled by building bearish momentum ⬇️.
Support Test Looms
105,000 is the next key level 🔑. Even if support slows the fall, the setup favors downside—bullish reversals seem unlikely after resistance failure.
Trend Weakness
Orange trendlines show the prior uptrend is fragile 🧊. Failing at 110,500 signals fading bullish force, setting up for a bearish correction.
In short, the 4 - hour chart is bearish. Watch for drops to 105,000; 110,500 will likely block bulls 🛑. Trade cautiously with this bias.
🚀 Sell@108500 - 107500
🚀 TP 106500 - 105500
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
Trade active
Continue shorting and wait for a pullback.
📈Daily Free Trading Signals：t.me/+HXsu5PoOpi4yNGVk
📊Daily Free Market Analysis：t.me/+HXsu5PoOpi4yNGVk
📊Daily Free Market Analysis：t.me/+HXsu5PoOpi4yNGVk
Related publications
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.
📈Daily Free Trading Signals：t.me/+HXsu5PoOpi4yNGVk
📊Daily Free Market Analysis：t.me/+HXsu5PoOpi4yNGVk
📊Daily Free Market Analysis：t.me/+HXsu5PoOpi4yNGVk
Related publications
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.