-
- Trading Platforms
- PU Prime App
- PU Copy Trading
- PU Social
-
- Trading Conditions
- Account Types
- Spreads, Costs & Swaps
- Deposits & Withdrawals
- Fee & Charges
- Trading Hours
EN
Published: 15 April 2026,03:26
Chart The Market
BTC, H4:
Bitcoin has established a clear uptrend channel since rallying from its monthly low near the $66,000 mark, with the cryptocurrency advancing to its highest level since mid-March. The channel is defined by a series of higher lows along the support line and higher highs approaching the upper boundary, reflecting a methodical and sustainable bullish structure.
The recent advance was halted as Bitcoin approached the upper boundary of the uptrend channel, a zone where selling pressure has consistently emerged to cap upside attempts. The subsequent retracement suggests that the market is respecting the channel’s technical parameters, with the upper boundary serving as a temporary ceiling.
Should Bitcoin continue to trade within the established channel, a deeper retracement toward the lower boundary would be expected before the next leg higher. The channel support, currently near the $71,500 zone, represents the logical area for buyers to re-enter and for the uptrend to resume. A successful defense of this support would confirm the channel’s validity and position Bitcoin for another advance toward the upper boundary and potentially a breakout above recent highs.
Momentum indicators have moderated following the pullback, with the Relative Strength Index retreating from overbought levels and the Moving Average Convergence Divergence showing early signs of consolidation. This cooling-off period is healthy within a developing uptrend, allowing the market to reset momentum before the next upward move.
Resistance Levels: 76,635.00, 79,132.90
Support Levels: 71,520.00, 69,236.00
S&P 500, H4
The S&P 500 has undergone a strong bullish rally, advancing methodically from its recent lows and now approaching the critical resistance line at the 6,985 mark. This level has proven formidable, having rejected multiple upside attempts in previous sessions, making it a significant technical barrier and the final hurdle before a return to all-time high territory.
The sharp uptrend has created an imbalance on the charts, which could lead to a minor technical pullback as the market digests recent gains and resets momentum indicators. Such a retracement would be a healthy development within the broader bullish structure, allowing the index to consolidate before attempting a breakout.
A decisive break above the 6,985 resistance would constitute a strong bullish signal, invalidating the prior rejection pattern and likely triggering accelerated buying interest. Such a move would propel the index to penetrate the next psychological milestone above the 7,000 mark, with the measured move projecting further upside toward the 7,100-7,120 region.
Momentum indicators remain constructive, with the Relative Strength Index trending higher in bullish territory and the Moving Average Convergence Divergence maintaining its positive configuration above the zero line. However, the overbought conditions on shorter timeframes suggest that a pause or shallow pullback may precede the breakout attempt.
Resistance Levels:7122.00, 7264.45
Support Levels: 6874.15, 6740.00
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Trading Platforms
Learn
About PU Prime
Corporate
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!