#BTC 1w & 1d & 4h
1w - the asset is still trading inside a long consolidation for almost half a year now, but over the last few hours we could see increased volatility due to deteriorating news background.
1d - gave a successful test of a valid support zone, and also formed a huge false breakdown of the lower boundary of the descending channel, so in the near future I expect to see at least a local upside exit.
4h - the situation is similar to the daily and weekly timeframes, so I see no point in attaching an additional screenshot, it is best to work from 1d zones of interest now, as they are the most valid.
1w - the asset is still trading inside a long consolidation for almost half a year now, but over the last few hours we could see increased volatility due to deteriorating news background.
1d - gave a successful test of a valid support zone, and also formed a huge false breakdown of the lower boundary of the descending channel, so in the near future I expect to see at least a local upside exit.
4h - the situation is similar to the daily and weekly timeframes, so I see no point in attaching an additional screenshot, it is best to work from 1d zones of interest now, as they are the most valid.