BTCUSDT 3H chart Pattern...

5 giorni fa

BTCUSDT 3H chart:

Price has broken out of the rising channel and dropped sharply.

It’s now consolidating near 109,000 USDT after testing support.

The Ichimoku cloud shows price trading below the Kumo, but My marked two potential bullish retracement targets.


Targets (based on My chart):

1. First Target Point → 112,300 – 112,500 USDT

This aligns with a minor resistance + the bottom edge of the Ichimoku cloud.



2. Second Target Point → 113,800 – 114,200 USDT

This is higher resistance + mid-section of the Kumo cloud.




📌 So, if BTC holds above 108,500 – 109,000 support, these are likely rebound levels:

TP1: 112,500

TP2: 114,000


⚠ But if 108,500 breaks with strong volume, the bullish recovery setup is invalidated, and downside continuation may happen.

5 giorni fa

Trade attivo

trade active

l’altro ieri

Nota

1st target done