Chart Overview (BTC/USD - 2H, OKX):
Current Price: $119,240.5 (+1.23%)
Key Zones:
Support Zone: Around $118,695.8 (highlighted for July 17, 12:00)
Resistance/Target Zone: Around $123,250 (based on the measured move)
Fibonacci Levels: Drawn from the recent swing high to swing low
Important retracement levels: 0.236, 0.382, 0.5, 0.618, 0.786
Price is currently testing the 0.5–0.618 zone, which is a common area for potential breakout or rejection
Potential Price Move:
Bullish Projection:
Upside target of $4,009.7 (3.38%) from the breakout area
Reaching the $123,250 range by July 17 at 12:00 (UTC)
Technical Patterns:
It looks like you're tracking:
A potential bullish breakout from a consolidation range
Possibly a bullish flag or continuation pattern
Momentum is shifting after a clean bounce off the 0.236 zone
---
Let me know if you want:
A deeper analysis (e.g., RSI, MACD, volume)
Confirmation for long/short entries
Risk management suggestions
What’s your goal here — are you planning to trade this move or just analyzing the pattern?
Current Price: $119,240.5 (+1.23%)
Key Zones:
Support Zone: Around $118,695.8 (highlighted for July 17, 12:00)
Resistance/Target Zone: Around $123,250 (based on the measured move)
Fibonacci Levels: Drawn from the recent swing high to swing low
Important retracement levels: 0.236, 0.382, 0.5, 0.618, 0.786
Price is currently testing the 0.5–0.618 zone, which is a common area for potential breakout or rejection
Potential Price Move:
Bullish Projection:
Upside target of $4,009.7 (3.38%) from the breakout area
Reaching the $123,250 range by July 17 at 12:00 (UTC)
Technical Patterns:
It looks like you're tracking:
A potential bullish breakout from a consolidation range
Possibly a bullish flag or continuation pattern
Momentum is shifting after a clean bounce off the 0.236 zone
---
Let me know if you want:
A deeper analysis (e.g., RSI, MACD, volume)
Confirmation for long/short entries
Risk management suggestions
What’s your goal here — are you planning to trade this move or just analyzing the pattern?
🎯XAUUSD GOLD Daily 8-9 Free Signals🚀 World Best community Join Here ✅
💫XAUUSD
💫BTC
💫EURUSD
For Signals Telegram channel
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
t.me/technicaltrader10
💫XAUUSD
💫BTC
💫EURUSD
For Signals Telegram channel
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
t.me/technicaltrader10
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.
🎯XAUUSD GOLD Daily 8-9 Free Signals🚀 World Best community Join Here ✅
💫XAUUSD
💫BTC
💫EURUSD
For Signals Telegram channel
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
t.me/technicaltrader10
💫XAUUSD
💫BTC
💫EURUSD
For Signals Telegram channel
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
t.me/technicaltrader10
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.