#BTCUSD 4H

٢٣ ديسمبر ٢٠٢٤

#BTCUSDBTCUSD (4H Timeframe) Analysis

Market Structure:
Trendline Support Breakdown: The price has broken below a previously established trendline support, indicating a potential shift in market sentiment from bullish to bearish.

Forecast:
Sell Opportunity: The breakdown below trendline support suggests that bearish momentum may take over, and further downside movement is likely.

Key Levels to Watch:
Entry Zone: After the trendline breakdown, wait for confirmation of continued selling momentum or a retest of the broken trendline as resistance.
Risk Management:
Stop Loss: Above the broken trendline or recent swing high to limit risk.
Take Profit Zones: Focus on next support levels or Fibonacci projections for potential downside targets.

Market Sentiment:
Bearish Outlook: A trendline support breakdown typically signals that the buyers have lost control, and further downward movement is expected if the price remains below the broken trendline.