Chart the Market (11/09/2026)
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Chart the Market (11/09/2026)

Published: 11 September 2026,06:36

Published: 11 September 2026,06:36

Chart The Market

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BTC,  H4:                                                               

BTC has been trading within a lower-high price structure, indicating that the cryptocurrency continues to face selling pressure and that its short-term market structure remains tilted toward the bearish side. The latest price action has seen BTC move lower and approach its critical support level at 76,466.00, which has now become an important technical area for determining the next directional move.

A decisive break below the 76,466.00 support level would represent a significant bearish signal, particularly as this would also see BTC break below the established two-week range-bound structure. Such a breakdown could trigger stronger selling pressure and indicate that sellers are gaining greater control following the recent period of consolidation. If the support fails to hold, BTC could potentially enter another leg of technical correction as bearish momentum accelerates.

Should the selling trend develop following a sustained break below 76,466.00, the $70,000 psychological support level will become the next major area to watch. This level carries significant technical and psychological importance, as holding above $70,000 could allow BTC to maintain its broader long-term uptrend trajectory despite the short-term correction.

Conversely, if BTC manages to defend the 76,466.00 support level and stages a meaningful rebound, the immediate bearish scenario could be weakened. A recovery back into the previous two-week range would suggest that the latest downside move may have been another rejection rather than a confirmed bearish breakdown. Regaining stronger momentum above the range would therefore be important for BTC to stabilize its short-term structure.

Resistance Levels:80,488.00, 84,270.70

Support Levels:71,362.50, 67,31.40

EURUSD, H4

The EUR/USD pair was rejected below its pivotal resistance level at 1.1655, indicating that buying momentum remains insufficient to push the pair through this important technical barrier. Following the rejection, the latest price action has seen EUR/USD break its previous higher-high price structure, providing an early indication that the short-term bullish trend may be losing momentum and that the technical bias is beginning to shift toward the bearish side.

The break of the higher-high structure is an important development, as it suggests that buyers are no longer able to maintain the previous upward trajectory. The rejection at 1.1655, followed by the structural break, could therefore signal the beginning of a broader technical correction if selling pressure continues to build.

The key level to watch now is the critical short-term support at 1.1570. This area previously provided strong support and was also associated with the formation of a double-bottom price pattern, making it an important defensive level for EUR/USD. Should the pair continue to weaken and decisively break below 1.1570, this would significantly strengthen the bearish outlook and suggest that the previous bullish structure has been invalidated.

A sustained breakdown below 1.1570 could indicate that bearish momentum is gaining traction, particularly as the pair would be moving below the support area that previously helped trigger its recovery. Under such a scenario, selling pressure could extend further and potentially lead EUR/USD into another leg of technical correction.

Resistance Levels: 1.1655, 1.1780

Support Levels: 1.1510, 1.1375

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