February 22, 2026

Bitcoin Parallel Channel

Bitcoin Parallel Channel

Bitcoin Parallel Channel

Bitcoin Parallel Channel

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
shavkatshoniyozov


Bitcoin Parallel Channel

This is D1 timeframe looking. Guys, when Bitcoin price comes to near bottom of the channel, I’m gonna look for Long positon and I hope this bottom would help to pump to get the (D) wave of W1 tf point.
as you can see on the chart, there is very strong resistance within the channel and i highlighted the points ($43935-44630 marked from body of candles). Moreover, there is support line as well, its drawn with purple line within the channel (drawn from body of candles), once it made fake break-out but failed to get lower.
There is H4 tf looking as well, for taking intra-day trades, If you are interested in to see it, leave a comment then im gonna publish and show you guys my all (short-long intraday and scalping trades).

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