BTCUSD is trading around $114,400 (≈ $114,300-114,500) and is showing resistance pressure in both the 4H & Daily timeframes. The price has bounced off lower structure but is now compressing right under a major resistance zone. This is appearing like a PO3 accumulation + possible breakout or rejection zone.
Possible Long Trade Setup:
• Entry: Consider going long if there’s a clean 4H candle close above $115,000, or a retest of support near $113,000-114,000 with strong bullish candle action.
• Target Levels:
• 🎯 1st Target – $118,000
• 🎯 2nd Target – $120,000+
• Invalidation: If price closes decisively below $112,500, bullish scenario is weakened and rejects may lead toward lower liquidity zones.
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Disclosure: This is for educational purposes only—not financial advice.
Possible Long Trade Setup:
• Entry: Consider going long if there’s a clean 4H candle close above $115,000, or a retest of support near $113,000-114,000 with strong bullish candle action.
• Target Levels:
• 🎯 1st Target – $118,000
• 🎯 2nd Target – $120,000+
• Invalidation: If price closes decisively below $112,500, bullish scenario is weakened and rejects may lead toward lower liquidity zones.
Please like 👍 & comment 💬 to support my post!
Your engagement pushes me to keep sharing quality setups with depth.
Best Regards,
KeswanTrades 🕊️
Disclosure: This is for educational purposes only—not financial advice.
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.