BTC/USDT Analysis (1H Timeframe)
Trend: BTC recently broke out of a downward-sloping channel (orange trendline), signaling potential short-term bullish momentum. The price is now trading within an upward parallel channel (teal dashed lines).
Indicators:
SMA 200 (red line): BTC is trading above the SMA 200, indicating a potential shift to a bullish trend.
...
