Bitcoin is currently testing the upper boundary of the linear regression channel near the $114,500–$115,000 resistance zone.
The Stochastic Oscillator is showing overbought conditions, suggesting a potential short-term pullback.
A rejection from this level could send BTC back toward the midline or lower channel support near $113,000–$112,300.
However, a confirmed breakout above $115,700 would invalidate the bearish bias and open room for continuation higher.
🔹 Timeframe: 15m
🔹 Indicator: Linear Regression Channel, Stochastic (10,3,3)
🔹 Exchange: Binance
#BTCUSDT #Bitcoin #TechnicalAnalysis #Scalping #PriceAction #CryptoTrading
The Stochastic Oscillator is showing overbought conditions, suggesting a potential short-term pullback.
A rejection from this level could send BTC back toward the midline or lower channel support near $113,000–$112,300.
However, a confirmed breakout above $115,700 would invalidate the bearish bias and open room for continuation higher.
🔹 Timeframe: 15m
🔹 Indicator: Linear Regression Channel, Stochastic (10,3,3)
🔹 Exchange: Binance
#BTCUSDT #Bitcoin #TechnicalAnalysis #Scalping #PriceAction #CryptoTrading
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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.