we executive buy setup of BTC/USD, buy around 104k with target 108k,
HERE IS AN ANALYSIS
* chart shows a bullish breakout of Bitcoin (BTC/USD) on the 2-hour timeframe.
*
*Key Points:
*
*Resistance Breakout:** Price broke out of a well-defined resistance zone (highlighted in orange), indicating strong bullish momentum.
*Consolidation Range:** Prior to breakout, BTC was ranging between \~101,400 and \~105,000.
*Retest in Progress:** Price is retesting the previous resistance zone, now acting as support.
*Bullish Structure:** The breakout followed a series of bullish signals like BOS (Break of Structure) and ChoCH (Change of Character).
** **Target:** Projection towards the 108,100 level as next key resistance.
*
*Overall, this setup suggests continuation to the upside if the support holds.
*
HERE IS AN ANALYSIS
* chart shows a bullish breakout of Bitcoin (BTC/USD) on the 2-hour timeframe.
*
*Key Points:
*
*Resistance Breakout:** Price broke out of a well-defined resistance zone (highlighted in orange), indicating strong bullish momentum.
*Consolidation Range:** Prior to breakout, BTC was ranging between \~101,400 and \~105,000.
*Retest in Progress:** Price is retesting the previous resistance zone, now acting as support.
*Bullish Structure:** The breakout followed a series of bullish signals like BOS (Break of Structure) and ChoCH (Change of Character).
** **Target:** Projection towards the 108,100 level as next key resistance.
*
*Overall, this setup suggests continuation to the upside if the support holds.
*
Trade closed: target reached
congratulation 108k target achieved JOIN MY TELEGRAM:
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JOIN MY TELEGRAM:
FREE SIGNALS TECHNICAL CHART AND EDUCATOIN
t.me/+j_sv6p9sL5I0MDY0
FREE SIGNALS TECHNICAL CHART AND EDUCATOIN
t.me/+j_sv6p9sL5I0MDY0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.