BTC/USDT 1H: Bulls Accumulating for a Breakout Toward $106K
BTC/USDT 1H Chart Analysis
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Current Market Structure:
Smart Money Activity:
Key Levels:
Risk Score:
Market Maker Intent:
Recommendation:
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Current Market Structure:
- Accumulation phase ongoing after recent drop.
- Hidden Bullish Divergence: RSI showing higher lows while price consolidates at key demand zone.
Smart Money Activity:
- Market makers accumulated heavily at 99K-100K, positioning for markup.
Key Levels:
- Entry Zone: $102,400 - $102,600
- Targets:
- T1: $103,800
- T2: $105,200
- T3: $106,400
- Stop Loss: Below $101,800
Risk Score:
- 7/10 (favorable risk/reward with strong technical setup but watch for volatility).
Market Maker Intent:
- Accumulation nearly complete, expecting breakout toward liquidity zones.
- Volume profile confirms institutional interest at current levels.
- Break above $103,800 confirms bullish continuation.
Recommendation:
- Long positions favorable within $102,400-$102,600 range.
- Monitor volume to confirm breakout momentum.
- Maintain tight stops to protect against market volatility.
- Confidence Level: 8/10 for bullish continuation.
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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.
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.