Technical analysis by MyTradingJournal6th about Symbol BTC on 9/30/2025
https://sahmeto.com/message/3805746

MyTradingJournal6th
Rank: 13792
Analytical Power:
1.6
BTC — Diamond Apex in Rising Channel
:Neutral
Price at Publish Time:
$113,133.95

Thesis (1D pattern, 4H execution): BTC is coiling in a diamond nested inside a rising channel. Neutral pattern with a slight bull bias. Trade the break + retest, not the guess. Structure & Key Levels Pattern: Diamond (expansion → contraction) approaching apex. Boundaries: Resistance ~116k • Support ~108k. Measured height: ~8k → projection ~7–8k from the break. Context: Supply near prior ATH/“TP-1” band above; demand zone ~100k (“TP-1” down) with deeper confluence near ~92–94k (“TP-2” down). Channel top aligns with “TP-2” up.
Source Message: TradingView