📊 Pair: BTC/USDT (1H Timeframe – BINANCE)
✅ Current Market Structure:
Bullish Shift Detected — Multiple Check and BOS confirm trend reversal from bearish to bullish.
Price broke out of descending channel and is now forming higher highs and higher lows.
Strong Demand Zone: Between 115,000 – 116,000 USDT, which triggered the current upward move.
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🎯 Target Zones (Resistance/Take Profit):
1. First Target Zone (TP1):
🔹 Level: Around 120,319 USDT
🔹 Minor resistance – expect reaction here.
2. Second Target Zone (TP2):
🔹 Level: Around 122,733 USDT
🔹 Major resistance zone – good for final take profit if breakout continues.
---
🛡️ Support Zone:
Demand Area: 115,000 – 116,000 USDT
Price showed strong buying interest here.
Ideal area to re-enter long positions on retracement.
---
📈 Bullish Trade Plan:
Trendline Support: Holding well; market respecting it.
Entry (already triggered): After Check near 116,000
SL: Below 114,800
TP1: 120,319
TP2: 122,733
✅ Current Market Structure:
Bullish Shift Detected — Multiple Check and BOS confirm trend reversal from bearish to bullish.
Price broke out of descending channel and is now forming higher highs and higher lows.
Strong Demand Zone: Between 115,000 – 116,000 USDT, which triggered the current upward move.
---
🎯 Target Zones (Resistance/Take Profit):
1. First Target Zone (TP1):
🔹 Level: Around 120,319 USDT
🔹 Minor resistance – expect reaction here.
2. Second Target Zone (TP2):
🔹 Level: Around 122,733 USDT
🔹 Major resistance zone – good for final take profit if breakout continues.
---
🛡️ Support Zone:
Demand Area: 115,000 – 116,000 USDT
Price showed strong buying interest here.
Ideal area to re-enter long positions on retracement.
---
📈 Bullish Trade Plan:
Trendline Support: Holding well; market respecting it.
Entry (already triggered): After Check near 116,000
SL: Below 114,800
TP1: 120,319
TP2: 122,733
Trade active
Trade was activated
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📢 Join On Telegram For Best Signals
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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.