The ascending channel that held Bitcoin throughout April has officially broken down on Apr 27. Price dropped from 79.5K straight through the lower trendline, and now at 76.4K we're seeing a clean retest of the broken channel from below.
This is the classic kiss of death pattern what was support has now become resistance. These setups usually continue lower from here.
🔴 Bias: Bearish
77.5–77.8K → broken channel (now resistance)
75.6K → recent low, break opens the move
74.5K → first real horizontal support (TP1)
71K → strong demand zone (TP2)
Trade Plan: 🔻 Short on rejection from 77.5–77.8K SL: above 78.5K | Targets: 75.6k 74.5K → 71K
Don't buy this dip blindly just because price looks low. Channel break + retest is one of the most reliable bearish patterns in TA. Be patient, let price come to your level, then react.
HUSDT has been trading inside a falling wedge pattern, and price is now showing a bullish breakout attempt above the upper trendline. The structure is supported by higher lows and improving momentum, suggesting trend reversal if breakout sustains. A mild retest near the breakout zone is possible before continuation
⚠️ Disclaimer: This analysis is for educational purposes only. Crypto markets are highly volatile—always use proper risk management and trade at your own risk.
BTC has taken a clean rejection from the 93.5k–94k supply zone (previous high + sell-side liquidity). Current structure shows distribution after liquidity grab, confirming short-term weakness.
📉 Expected Dump Zone BTC is likely to sweep sell-side liquidity resting below recent lows.