📝 Description 🔍 Setup (Market Structure) 
BTCUSDT
Bitcoin was trading inside a well-defined descending channel on the Daily timeframe.
Price has now broken above the channel resistance, showing early signs of trend reversal.
Key confluences:
Multiple support reactions inside the demand zone
Breakout supported by EMA & cloud shift
Strong base formation near higher-timeframe support
Momentum gradually shifting from sellers to buyers
📍 Support & Resistance
🔴 Support Zone: 83,700 – 87,300
🟢 1st Resistance: 107,500
🟢 2nd Resistance: 118,000
#Bitcoin #BTCUSDT #CryptoTrading #PriceAction #ChannelBreakout #SupportResistance #TradingView #Kabhi_TA_Trading
⚠️ Disclaimer
This analysis is for educational purposes only.
Crypto markets are highly volatile — always manage risk and use proper position sizing.
💬 Support the Analysis👍 Like if you trade BTC 💬 Comment: Breakout confirmed or needs retest?
BTCUSDT Bitcoin was trading inside a well-defined descending channel on the Daily timeframe.
Price has now broken above the channel resistance, showing early signs of trend reversal.
Key confluences:
Multiple support reactions inside the demand zone
Breakout supported by EMA & cloud shift
Strong base formation near higher-timeframe support
Momentum gradually shifting from sellers to buyers
📍 Support & Resistance
🔴 Support Zone: 83,700 – 87,300
🟢 1st Resistance: 107,500
🟢 2nd Resistance: 118,000
#Bitcoin #BTCUSDT #CryptoTrading #PriceAction #ChannelBreakout #SupportResistance #TradingView #Kabhi_TA_Trading
⚠️ Disclaimer
This analysis is for educational purposes only.
Crypto markets are highly volatile — always manage risk and use proper position sizing.
💬 Support the Analysis👍 Like if you trade BTC 💬 Comment: Breakout confirmed or needs retest?
✅Free Telegram Channel: telegram.me/kabhifx
✏️Text Me @ telegram.me/kabhidhan
✏️Text Me @ telegram.me/kabhidhan
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.
✅Free Telegram Channel: telegram.me/kabhifx
✏️Text Me @ telegram.me/kabhidhan
✏️Text Me @ telegram.me/kabhidhan
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.