Looking for a solid technical pattern on Bitcoin tonight. The BTC/USD pair needs a clear formation to establish next resistance and support levels. Traders watching the four-hour and daily charts should keep an eye on the volume profile around key price zones. A break above recent resistance could signal bullish momentum, while a rejection might test lower support again. Volume confirmation will be critical for the next move. Anyone else tracking this setup on the charts?
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AllInDaddy
· 11h ago
Damn, still waiting for a technical breakout, might as well take a gamble for a quicker result.
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DEXRobinHood
· 11h ago
Breakouts are still false breakthroughs, that's the real issue... Without sufficient volume, it's all meaningless.
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MoneyBurnerSociety
· 11h ago
Another night of interpreting images, I bet 5 U's that tonight's breakout will either be a false alarm or will completely cut my kidney.
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BearMarketGardener
· 11h ago
It's that volume confirmation thing again, acting like it's real... Let's wait and see how BTC crashes tonight.
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RetailTherapist
· 11h ago
Hmm, I really can't quite understand this chart pattern... Volume profile is just volume profile, it feels like technical analysts always use the same rhetoric, haha.
BTC/USD Technical Setup - Tonight's Action
Looking for a solid technical pattern on Bitcoin tonight. The BTC/USD pair needs a clear formation to establish next resistance and support levels. Traders watching the four-hour and daily charts should keep an eye on the volume profile around key price zones. A break above recent resistance could signal bullish momentum, while a rejection might test lower support again. Volume confirmation will be critical for the next move. Anyone else tracking this setup on the charts?