Bitcoin
Long
Updated

BTC/USD (Bitcoin vs USD).

2 330
BTC/USD (Bitcoin vs USD)

Timeframe: 2-hour (2H)

Indicators: Ichimoku Cloud, Trendline, Support/Resistance zones

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📊 Indicators Used

1. Ichimoku Cloud

Price recently broke above the descending trendline and is pushing into the cloud.

If it sustains above the cloud, that signals a potential trend reversal from bearish to bullish.



2. Support Zone (Green box)

Around 109,000 – 110,000 USD.

This is the base where buyers are stepping in.



3. Trendline Breakout

A downtrend line has been broken, suggesting the end of the short-term bearish momentum.



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🎯 Targets (Based on my chart)

Target 1 (short-term): 117,173 USD

This is the first major resistance level.


Target 2 (medium-term): 123,000 USD

Next strong resistance zone and the final target marked on my chart.




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⚠ Stop-Loss Suggestion

Below the support zone: ~108,500 – 109,000 USD

This protects against a false breakout.



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✅ Summary

Breakout above downtrend line and moving into Ichimoku cloud = bullish signal.

First target: 117,173 USD

Second target: 123,000 USD

Stop-loss: Below 106,000 USD
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