BTC/USD.4H Chart Pattern..

4 hari lalu

(BTC/USD 4H from Coinbase), here's the breakdown:

Technical Summary:

Current Price: ~$105,665

Breakdown Zone (Support Area): Around $102,000

Breakout Confirmation: Price has broken below a consolidation pattern, with a downward arrow indicating bearish expectation.



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Targets (as per chart annotations):

1. Immediate Target Zone: Around $102,000 (yellow support box)


2. Secondary Target: ~$97,672 (marked with a bold black arrow)


3. Final Target (extended move): ~$94,000 – $92,000 range



These targets are likely based on:

A descending triangle or head-and-shoulders breakdown

Ichimoku cloud resistance overhead

Trendline rejection and bearish momentum



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Caution:

This is a technical projection and not financial advice. Markets can reverse rapidly, so manage risk with stop-losses and confirmations.

Do you want help setting up stop-loss and risk levels based on this chart too?

4 hari lalu

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