BTC/USDT Technical Analysis - 4H Timeframe -bearish structure
2025-01-14
Category: None

BTC/USDT Technical Analysis - 4H Timeframe

In the chart, we can see that the price, after forming a bearish structure and registering lower lows (LL), has entered a corrective phase. Considering the red resistance zones (Supply Zones) marked on the chart, the price has shown reactions in these areas.

The analysis structure includes the following trend:

Formation of higher highs (HH) followed by a pullback towards lower supports.
It is anticipated that after testing the resistance zone (HH), the price will likely move downward towards support levels, forming lower lows.
Forecast:
Based on the price reaction at the resistance zone, a potential bearish scenario is expected with the price reaching support levels (as indicated by the blue arrow).

Note: This analysis is purely personal and is not financial advice for buying or selling.