4H Technical Analysis – BTCUSDT.P (Bitcoin Perpetual on Bitget)
✅ 1. Trend Overview:
Current Market Phase: Strong uptrend.
Price has broken multiple H4 BOS (Break of Structure) levels with strong bullish momentum.
The last impulse candle shows a vertical breakout, often a sign of aggressive buyers or FOMO.
🔄 2. Key Structure Zones:
🔵 Demand Zones (Highlighted in Green):
Around 113,700–114,000 → fresh demand zone after last breakout.
Around 108,000–110,000 → mid-level zone from earlier accumulation.
Deeper zone at ~96,000–98,000 → higher timeframe demand (may hold if larger correction happens).
🔴 Supply Zones (No immediate supply shown, but...)
Watch for reaction zones around 118,000–120,000 as psychological resistance.
📍 3. Price Action & Structure:
The current move is parabolic, indicating momentum exhaustion may soon follow.
However, the last CHoCH and BOS signals are clearly bullish, and pullbacks are being aggressively bought.
Short-Term Expectation:
A correction or sideways consolidation may happen near 118,000–119,000.
Best scenario: price pulls back into the 113,700 zone, forming a bullish continuation setup.
🔍 4. Candlestick Patterns:
At the top, the last 2 candles are showing wicks, indicating possible early rejection or take-profit activity.
No confirmed reversal pattern yet (e.g., no bearish engulfing, pin bar, or evening star).
Wait for confirmation if considering a reversal trade.
📉 5. Risk Zones:
If price breaks below 113,700, then correction may deepen toward 110,000 or even 108,000.
Below 108,000 would invalidate the current short-term bullish structure and signal trend weakening.
📌 6. Key Levels to Watch:
Type Price Zone Notes
Resistance 118,500–120,000 Current high zone, psychological barrier
Demand Zone 1 113,700–114,000 Nearest fresh demand
Demand Zone 2 108,000–110,000 Mid support
HTF Demand ~96,000–98,000 Deep liquidity + structural demand
✅ Conclusion:
Market is in a strong bullish trend on the 4H chart.
Wait for a healthy pullback to demand zones before considering new longs.
Watch for bearish candlestick confirmation (like engulfing or M-structure) near highs for possible short-term reversals.
⚠️ Disclaimer:
This is not financial advice or a trading signal.
It's purely educational analysis.
Always trade based on your personal strategy and risk management.
BTCUSDT.P
✅ 1. Trend Overview:
Current Market Phase: Strong uptrend.
Price has broken multiple H4 BOS (Break of Structure) levels with strong bullish momentum.
The last impulse candle shows a vertical breakout, often a sign of aggressive buyers or FOMO.
🔄 2. Key Structure Zones:
🔵 Demand Zones (Highlighted in Green):
Around 113,700–114,000 → fresh demand zone after last breakout.
Around 108,000–110,000 → mid-level zone from earlier accumulation.
Deeper zone at ~96,000–98,000 → higher timeframe demand (may hold if larger correction happens).
🔴 Supply Zones (No immediate supply shown, but...)
Watch for reaction zones around 118,000–120,000 as psychological resistance.
📍 3. Price Action & Structure:
The current move is parabolic, indicating momentum exhaustion may soon follow.
However, the last CHoCH and BOS signals are clearly bullish, and pullbacks are being aggressively bought.
Short-Term Expectation:
A correction or sideways consolidation may happen near 118,000–119,000.
Best scenario: price pulls back into the 113,700 zone, forming a bullish continuation setup.
🔍 4. Candlestick Patterns:
At the top, the last 2 candles are showing wicks, indicating possible early rejection or take-profit activity.
No confirmed reversal pattern yet (e.g., no bearish engulfing, pin bar, or evening star).
Wait for confirmation if considering a reversal trade.
📉 5. Risk Zones:
If price breaks below 113,700, then correction may deepen toward 110,000 or even 108,000.
Below 108,000 would invalidate the current short-term bullish structure and signal trend weakening.
📌 6. Key Levels to Watch:
Type Price Zone Notes
Resistance 118,500–120,000 Current high zone, psychological barrier
Demand Zone 1 113,700–114,000 Nearest fresh demand
Demand Zone 2 108,000–110,000 Mid support
HTF Demand ~96,000–98,000 Deep liquidity + structural demand
✅ Conclusion:
Market is in a strong bullish trend on the 4H chart.
Wait for a healthy pullback to demand zones before considering new longs.
Watch for bearish candlestick confirmation (like engulfing or M-structure) near highs for possible short-term reversals.
⚠️ Disclaimer:
This is not financial advice or a trading signal.
It's purely educational analysis.
Always trade based on your personal strategy and risk management.
BTCUSDT.P 
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.
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.