Bitcoin
Long

Chart Analysis (2h Timeframe)

687
✅ Chart Analysis (2h Timeframe)

MY using Ichimoku Cloud, support/resistance zones, and trend lines.

Price is currently around 118,319 USD.

It has broken out of the Ichimoku cloud and is respecting the trendline support, indicating bullish momentum.



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🎯 Upside Target Levels

🔵 Target 1:

Level: ~120,000 USD

Reason: Horizontal resistance (clearly marked)

Action: Minor profit-taking or partial exit


🔵 Target 2 (Main):

Level: ~122,000 USD

Reason: Second resistance zone & projected move from breakout

Action: Ideal full target zone



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🔻 Support & Invalidations

🟡 Immediate Support Zone:

Levels:

118,404

118,296

118,065


These are dynamic Ichimoku & short-term support levels

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