XBTUSDT(4H) - Descending Channel & Bullish Divergence
Overall though, the trend is still down so overall position is short. Levels to watch are in and around 3500 (purple) which previously acted as support and will offer some resistance, while the main channel will also act as resistance at 3600. Channel will provide support around 3333 but we're more likely to breaking to the downside that than upside.
Ideally, another day or two and we'll see a retest of converged channel and 3200 support, where I'll be opening a long.
Possible momentum shift. Watching out for long entry.