Technical analysis by DickDandy about Symbol BTC on 9/5/2025

I see often times analysts using horizontal support and resistance on Bitcoin. I wanted to demonstrate the proper way of using support resistance on Bitcoin - and show how the channels are ascending from left to right. Not only can this be repeated on high time frames - by duplicating the line with the same degree of angle, and placing it at any location - it can also be applied to smaller and smaller time frames, and the price respects these angles very well. Due to the liquidation wicks and absorptions that occur, price will move above and below the correct line - but the correct line serves as a volume support line that’s again, ascending from left to right. Try this out on your charts - and see how reliable it is. Ascending angles - not horizontals.