Bitcoin / TetherUS
Long
Updated

(BTC/USDT) appears to be around $120,000.

1 685
(BTC/USDT) appears to be around $120,000.

Here's a quick analysis of what the chart suggests:

Timeframe: 1D (Daily)

Current price: ~$111,150

Technical Indicators:

Ascending triangle breakout is indicated.

Ichimoku Cloud shows bullish momentum (price above the cloud).

The breakout is targeting a horizontal resistance zone around $120,000.



✅ Target Zone:

Target Point (based on breakout projection): $120,000 – $124,000


This target aligns with previous resistance levels and technical breakout patterns.

Let me know if you want a more detailed technical breakdown (e.g., support/resistance zones, volume analysis, RSI, etc.).
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Trade closed: target reached
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