Down‑trend break
A sharp, high‑volume candle has punched through the descending trend‑line, giving a clear bullish break of structure.
Resistance → Support flip
The 2 100‑2 150 USDT band that capped price earlier is now a potential support zone. A brief retest that holds would keep the bullish scenario intact.
First objective: 2 500‑2 550 USDT
Liquidity sits there (horizontal line on your chart). It’s a logical partial‑take‑profit area.
Expected pullback
The arrow sketches a throwback toward 2 350‑2 400 USDT to form a higher low after the breakout.
Second objective: 2 800‑3 000 USDT
3 000 is a psychological level and aligns with a higher supply zone. If that breaks, the broader 3 300‑3 600 USDT grey box comes into play.
Invalidation
A 4‑hour close back under ~2 100 USDT or a move below the broken trend‑line would kill the bullish thesis.
The arrow shows a classic breakout → retest → continuation roadmap. As long as ~2 100 USDT holds, it’s a reasonable bullish path—but keep tight risk management in case the retest fails.
A sharp, high‑volume candle has punched through the descending trend‑line, giving a clear bullish break of structure.
Resistance → Support flip
The 2 100‑2 150 USDT band that capped price earlier is now a potential support zone. A brief retest that holds would keep the bullish scenario intact.
First objective: 2 500‑2 550 USDT
Liquidity sits there (horizontal line on your chart). It’s a logical partial‑take‑profit area.
Expected pullback
The arrow sketches a throwback toward 2 350‑2 400 USDT to form a higher low after the breakout.
Second objective: 2 800‑3 000 USDT
3 000 is a psychological level and aligns with a higher supply zone. If that breaks, the broader 3 300‑3 600 USDT grey box comes into play.
Invalidation
A 4‑hour close back under ~2 100 USDT or a move below the broken trend‑line would kill the bullish thesis.
The arrow shows a classic breakout → retest → continuation roadmap. As long as ~2 100 USDT holds, it’s a reasonable bullish path—but keep tight risk management in case the retest fails.
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.