Here is a clean, professional analysis of your BTCUSDT 1D chart:
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1️⃣ Chart Context
Pair: BTCUSDT.P (Perpetual Futures)
Timeframe: Daily
Current Price: ~111,350
Chart Type: Breakout and projection mapping
Key Levels Marked:
Resistance zone: 134,989 – 140,087
Support trendline (yellow): Ascending from March low
Local horizontal support (yellow): ~104,000 region
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2️⃣ Structure Analysis
🔹 Trend
BTC is in a strong uptrend with higher highs and higher lows since March 2025.
A breakout from a flag/pennant pattern has recently occurred, signaling continuation.
🔹 Support & Resistance
Current resistance zone (~111,000–113,000): Price is testing this zone.
Major resistance zone (134,989 – 140,087): Strong supply zone for future targets.
Trendline support: Acts as dynamic support, currently near 100,000, rising weekly.
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3️⃣ Price Action
A clean breakout candle is seen above the consolidation.
Retest of breakout zone possible (~108,000 – 110,000) before continuation.
A measured move aligns with a potential target to 135,000–140,000.
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4️⃣ Projection Plan
Based on my white projection arrow: ✅ Base scenario: Price breaks above the local consolidation cleanly and heads toward 135,000–140,000. ✅ Retest of the breakout zone may occur to grab liquidity before the push. ✅ If price closes above 113,000 on a daily, momentum confirmation for the run is strong.
5️⃣ Trade Plan (Not Financial Advice)
Entry: On breakout confirmation above 113,000 or retest near 108,000–110,000 with bullish confirmation.
Target: 134,989 and partial close, then 140,087 final target.
Stop Loss: Below local support (yellow line) near 104,000 or trendline depending on risk appetite.
Risk Management: Size positions to risk max 1–2% per trade.
6️⃣ Potential Risks
⚠️ Global macroeconomic conditions or sudden BTC volatility. ⚠️ Fake breakout wicks trapping longs above 113,000. ⚠️ Daily close below 104,000 would invalidate bullish structure in the near term.
Summary
BTCUSDT is in a bullish continuation structure aiming for 135–140K.
Price is currently at a critical breakout level; a clear close above and retest would be optimal.
Manage risks with clear invalidation below 104,000
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1️⃣ Chart Context
Pair: BTCUSDT.P (Perpetual Futures)
Timeframe: Daily
Current Price: ~111,350
Chart Type: Breakout and projection mapping
Key Levels Marked:
Resistance zone: 134,989 – 140,087
Support trendline (yellow): Ascending from March low
Local horizontal support (yellow): ~104,000 region
---
2️⃣ Structure Analysis
🔹 Trend
BTC is in a strong uptrend with higher highs and higher lows since March 2025.
A breakout from a flag/pennant pattern has recently occurred, signaling continuation.
🔹 Support & Resistance
Current resistance zone (~111,000–113,000): Price is testing this zone.
Major resistance zone (134,989 – 140,087): Strong supply zone for future targets.
Trendline support: Acts as dynamic support, currently near 100,000, rising weekly.
---
3️⃣ Price Action
A clean breakout candle is seen above the consolidation.
Retest of breakout zone possible (~108,000 – 110,000) before continuation.
A measured move aligns with a potential target to 135,000–140,000.
---
4️⃣ Projection Plan
Based on my white projection arrow: ✅ Base scenario: Price breaks above the local consolidation cleanly and heads toward 135,000–140,000. ✅ Retest of the breakout zone may occur to grab liquidity before the push. ✅ If price closes above 113,000 on a daily, momentum confirmation for the run is strong.
5️⃣ Trade Plan (Not Financial Advice)
Entry: On breakout confirmation above 113,000 or retest near 108,000–110,000 with bullish confirmation.
Target: 134,989 and partial close, then 140,087 final target.
Stop Loss: Below local support (yellow line) near 104,000 or trendline depending on risk appetite.
Risk Management: Size positions to risk max 1–2% per trade.
6️⃣ Potential Risks
⚠️ Global macroeconomic conditions or sudden BTC volatility. ⚠️ Fake breakout wicks trapping longs above 113,000. ⚠️ Daily close below 104,000 would invalidate bullish structure in the near term.
Summary
BTCUSDT is in a bullish continuation structure aiming for 135–140K.
Price is currently at a critical breakout level; a clear close above and retest would be optimal.
Manage risks with clear invalidation below 104,000
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.