This 15-minute BTC/USDT chart from Binance shows Bitcoin trading within an ascending channel. Price recently bounced off the lower trendline and a highlighted demand zone around 117,800 USDT, suggesting strong support. The upper channel and resistance near 118,800 USDT may act as potential targets. Short-term momentum appears bullish as long as price holds above the support trendline.
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.
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.