The chart is drawn in the weekly TF and daily TF chart is also attached for more details about possible resistance levels. The validity of this scenario can be examined from the way the prices react to the main levels. s3.tradingview.com
Price fluctuations in the lower half of the channel seem to be coming to an end, and probably we will see a breakout from the lower half of the channel and the beginning of fluctuations in the upper half of the channel. Given that we have not yet exceeded 200MA in the one-hour timeframe, we will probably have a retest of half the channel after breakout. If you...
Bitcoin is currently in two channels within each other and can experience a pullback or more fall depending on the 32k support. If 32k or 31.5k can lead to a pullback, Bitcoin will rise to 34k again, otherwise it will fall to the range of 28k. This idea will be updated based on further price actions.
Based on the channel BTC goes on this, if it can pass through 200Ma it will see prices near 35000 and pullback just started!
BTC is near 35K and seems to would break it! If this happens it goes to 35900 maybe slowly and start going up more If rejected from 35K, there are some resistances below (that I guess they can resist to retry breaking).
BTC is in a parallel bullish channel, shaped a cup and handle and for a long time in top of the MA22, so is going to 38200.