Coin Name: $BTC
Position: LONG
Entry Price: 93,500
On the daily timeframe, BTC appears to be forming an inverse Head & Shoulders pattern—a classic bullish reversal signal. The RSI is currently holding near the supply zone, indicating strong interest. A pullback to the 93,270 level would align with a retest of the 0.5 Fibonacci level, presenting a potentially high-probability entry for both spot and futures positions.
On the daily timeframe, USDT Dominance (USDT.D) is forming a falling wedge pattern, which is typically considered bullish. If USDT.D breaks out as expected, it could signal a shift of capital back into stablecoins—implying potential downside pressure on BTC and the broader crypto market.
On the monthly timeframe, BTC is showing substantial liquidity resting below the current price. This suggests a possible move to the downside, as the market may seek to sweep that lower liquidity zone before establishing a stronger directional trend.
Leverage: 3X
Targets:
1st TP 100,000
2nd TP 110,000
3rd TP 120,000
4th TP 130,000
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$BTC