BTC USD buy zone @85,500 H4chart analysisHere’s a polished version of your post for your client:
BTC/USD Buy Signal
📍 Buy Zone: 85,500
🎯 Targets:
TP1: 90,500
TP2: 95,500
TP3: 99,800
📊 Manage risk accordingly. Trade wisely!
Let me know if you want any tweaks!
It looks like you've uploaded a chart image, but I can already analyze it from the screenshot you shared. Here’s my breakdown of the BTC/USD 4-hour chart:
Analysis:
1. Trend Structure:
The chart shows a descending channel correction (marked in red).
BTC/USD recently experienced a sharp drop but has bounced back from the lower boundary of the black trendline.
2. Key Support and Resistance:
Support Zones:
$86,000 (marked in blue)
$90,134.9 - $91,158.8 (another support range)
Resistance Levels:
$99,478.6
$102,550.5
$110,677.9 (psychological resistance)
3. Consolidation & Breakout Potential:
There was a consolidation phase in the yellow box before the sharp drop.
The price has bounced off strong support and is now aiming to retest the descending channel resistance (red trendline).
A successful breakout above this level could push BTC toward psychological targets above $100K.
4. Bullish Scenario:
If BTC breaks the red descending trendline, a rally towards $99K–$104K is likely.
A strong breakout could lead to BTC testing $110K and beyond.
5. Bearish Scenario:
If BTC fails to break the resistance at the red trendline, it could retrace back to $86K.
A break below $86K would confirm further downside potential.
Conclusion:
The structure is recovering from a correction, and a breakout above resistance could lead to a bullish rally.
Watch for a confirmed breakout above the descending channel for a bullish entry.
Key psychological levels: $100K and $110K.
Would you like me to refine this analysis further or provide trading recommendations?
