#BTCUSDTUPDATE #BTCUSDT #BTCUSDTAnalysis

BTC/USDT Binance

4H hollow candlesticks

https://www.tradingview.com/chart/BTCUSDT/b4jUW3m0-BTC-USDT-Binance/

After a price rise of +25%, a Fibonacci channel has formed, combined with an Ascending triangle.

As there are also new Support & Resistance points.

From here, we can conclude the following:

1. At the end of the Ascending triangle, there will be a price break out.

2. The price must break the golden ratio of the Fibonacci channel so that moves to higher levels.

3. We can see a hypothetical price future move from a repeated previous move (Bar Pattern / Fractal) from early November 2023.

It is worth noting that the volume has increased significantly.

Market Cap: $1.65T -0.04%

24h Vol: $45.94B -7.70%

Dominance:

BTC: 52.3%

ETH: 16.3%

Good Luck

#CryptoHellas Team