BTC 19 DEC 2024

Here is the model chart for the BTC/USDT price movement on the 4-hour time frame. The chart displays:

• BTC/USDT Price: The blue line represents the price movement.
  
• Support Zone: The green area around $100,500 to $101,000 as the nearest support zone.
  
• Resistance Zone: The red area around $104,000 to $105,000 as the main resistance zone.
  
• Lower Support: The orange area around $97,500 to $98,000 as deeper support.
  
• Entry Position: The purple dashed line at $101,500 as a potential buy entry area.
  
• Take Profit: The red and green dashed lines indicating take profit targets at $104,000 and $106,000.
  

The layering strategy can be implemented in the support zone while paying attention to price and volume confirmation. Make sure to maintain proper risk management!

Aa Bandung Kasep