Bitcoin
Long
Updated

BTC/USD CHART ANALYSIS

214
Current price around 108,146
Market resistance zone(red area) around 109,121
market support zone (green area) around 105,720
ENTRY POINT: 108,119
TARGET 1 : 107,000
FINAL TARGET : 105,720
STOP LOSS : 109,121.
Trade Bias : bearish(short/sell setup)
Reasoning:
price has moved into a previous supply zone
chart anticipates a rejection from this resistance area.
if rejection occurs, price may revisit previous support area(marked as Target 1and 2.
If the price breaks above 109,121 it would invalid the short setup, signaling possible continuation of the uptrend.
Trade active
Our target 1 has been successfully complete with 188+PIPS in profit we are currntly in profit . CONGRATULATIONS.
Trade closed: target reached
Our all Target has been complete around 240+PIPS profit.

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