May be consildation market is bullish in up trend .
🔍 Key Technical Features:
🔸 Trade Plan
Entry: Around 109,266
Stop Loss: ~108,585 (below the resistance zone)
Target: ~110,850 (based on previous highs/extension)
🔸 Descending Triangle Breakout
The chart shows a descending triangle pattern, often a continuation or reversal signal depending on the breakout direction.
BTC broke above the descending resistance line, confirming bullish momentum.
🔸 Support & Resistance Zones
Support Area: Around 106,800–108,300 — marked where price consolidated before the breakout.
Resistance Zone: Around 108,800–109,300 — previously rejected, now broken.
🔸 Breakout & Retest
After the breakout, BTC rallied strongly.
The Entry Zone is marked slightly above the resistance area, suggesting a retest entry strategy — price pulling back to old resistance turned support.
📊 Technical Indicators (Visual Clues):
The chart uses some form of trend-following indicator (possibly SuperTrend or a custom ribbon) which has turned bullish (green bands).
Strong bullish candles after breakout support the upside move.
📈 Price Action & Sentiment:
Bullish engulfing pattern after touching the support.
Strong momentum and clean break through resistance imply institutional interest or high-volume buying.
🔍 Key Technical Features:
🔸 Trade Plan
Entry: Around 109,266
Stop Loss: ~108,585 (below the resistance zone)
Target: ~110,850 (based on previous highs/extension)
🔸 Descending Triangle Breakout
The chart shows a descending triangle pattern, often a continuation or reversal signal depending on the breakout direction.
BTC broke above the descending resistance line, confirming bullish momentum.
🔸 Support & Resistance Zones
Support Area: Around 106,800–108,300 — marked where price consolidated before the breakout.
Resistance Zone: Around 108,800–109,300 — previously rejected, now broken.
🔸 Breakout & Retest
After the breakout, BTC rallied strongly.
The Entry Zone is marked slightly above the resistance area, suggesting a retest entry strategy — price pulling back to old resistance turned support.
📊 Technical Indicators (Visual Clues):
The chart uses some form of trend-following indicator (possibly SuperTrend or a custom ribbon) which has turned bullish (green bands).
Strong bullish candles after breakout support the upside move.
📈 Price Action & Sentiment:
Bullish engulfing pattern after touching the support.
Strong momentum and clean break through resistance imply institutional interest or high-volume buying.
Trade active
Congratulation guys our half target has been reached around 130+PIPS are in running profit and hold the trades .
Best Analysis xauuad single
t.me/+eZQd8QWqqvA5YzRk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+iLAu1r1c9PJiY2Nk
t.me/+eZQd8QWqqvA5YzRk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+iLAu1r1c9PJiY2Nk
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.
Best Analysis xauuad single
t.me/+eZQd8QWqqvA5YzRk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+iLAu1r1c9PJiY2Nk
t.me/+eZQd8QWqqvA5YzRk
VIP PREMIMUM ANALYSIS ROOM SIGNALS
t.me/+iLAu1r1c9PJiY2Nk
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.