📊 Chart Overview
The chart shows BTC/USDT on the 2-hour timeframe, featuring clear levels of resistance, mini-resistance, and target zones. Let’s break down the buy idea:
🚀 Key Zones & Levels
💜 Resistance Zone (Purple Box):
Historical price ceiling.
Price dropped from this area several times.
🟦 Target Zone (Blue Line):
106,691 - 106,683 USDT.
Target for the next bullish move!
🟧 Mini Resistance (Yellow Box):
Around 102,000 USDT.
Acting as support (buy zone!) now.
💰 Buy Setup & Entry Area
✅ Buy Zone:
Just below 103,000 USDT, aligning with the mini resistance / support box (yellow).
✅ Entry Level:
Between 102,000 - 103,000 USDT.
Best if price consolidates or forms a reversal candle here.
🟢 Target:
First target: 106,000 USDT
Next major target: 106,683 - 106,691 USDT.
📉 Stop Loss:
Below 101,000 USDT for protection.
🎯 Trading Plan
1️⃣ Wait for a bullish reversal candlestick at the mini resistance box (~102,000 - 103,000 USDT).
2️⃣ Enter long (buy) position.
3️⃣ Target profit at 106,000 and 106,691 USDT.
4️⃣ Stop below 101,000 to manage risk.
⚡️ Summary
🟢 Buy: At mini resistance (~102,000 - 103,000).
🎯 Targets: 106,000 - 106,691.
❌ Stop: 101,000.
🚀 Let's ride the bullish wave! 💹📈🟢
The chart shows BTC/USDT on the 2-hour timeframe, featuring clear levels of resistance, mini-resistance, and target zones. Let’s break down the buy idea:
🚀 Key Zones & Levels
💜 Resistance Zone (Purple Box):
Historical price ceiling.
Price dropped from this area several times.
🟦 Target Zone (Blue Line):
106,691 - 106,683 USDT.
Target for the next bullish move!
🟧 Mini Resistance (Yellow Box):
Around 102,000 USDT.
Acting as support (buy zone!) now.
💰 Buy Setup & Entry Area
✅ Buy Zone:
Just below 103,000 USDT, aligning with the mini resistance / support box (yellow).
✅ Entry Level:
Between 102,000 - 103,000 USDT.
Best if price consolidates or forms a reversal candle here.
🟢 Target:
First target: 106,000 USDT
Next major target: 106,683 - 106,691 USDT.
📉 Stop Loss:
Below 101,000 USDT for protection.
🎯 Trading Plan
1️⃣ Wait for a bullish reversal candlestick at the mini resistance box (~102,000 - 103,000 USDT).
2️⃣ Enter long (buy) position.
3️⃣ Target profit at 106,000 and 106,691 USDT.
4️⃣ Stop below 101,000 to manage risk.
⚡️ Summary
🟢 Buy: At mini resistance (~102,000 - 103,000).
🎯 Targets: 106,000 - 106,691.
❌ Stop: 101,000.
🚀 Let's ride the bullish wave! 💹📈🟢
Trade closed: target reached
Market Analysts, Mentor, Forex Trader.
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
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.
Market Analysts, Mentor, Forex Trader.
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
#XAUUSD Trader
FREE ANALYSIS AT ENTRY POINT.
Your Growth Is My Priority link
t.me/VikingFxCommunityAcademy
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.