BTCUSDT - bulls took the initiative, target 107 K
After exiting the 6-month descending wedge, the price held above 92 K and is moving in a new ascending channel.
📌 Levels
- S1 95-96 K - sloping channel support
- S2 90 K - base of April impulse
- R1 100 K - psychological barrier + February maximum
- R2 107-108 K - calculated wedge height target
📈 Scenario
Retest of S1/96 K confirms demand → consolidation above 100 K opens a move to 107 K; strong momentum may lead to a breakout to 112 K.
⚠️ Risks
A failure below 95 K would break the channel and bring price back to 90 → 85 K.
After exiting the 6-month descending wedge, the price held above 92 K and is moving in a new ascending channel.
📌 Levels
- S1 95-96 K - sloping channel support
- S2 90 K - base of April impulse
- R1 100 K - psychological barrier + February maximum
- R2 107-108 K - calculated wedge height target
📈 Scenario
Retest of S1/96 K confirms demand → consolidation above 100 K opens a move to 107 K; strong momentum may lead to a breakout to 112 K.
⚠️ Risks
A failure below 95 K would break the channel and bring price back to 90 → 85 K.
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.