Current Price
BTC Price: $105,463.65
Change: +$755.56 (+0.72%)
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2. Key Levels Identified
Resistance Zones
EQH (Equal Highs): $108,927.84
Buy Side Liquidity: $110,789.36
Horizontal Resistance: Around $105,500
Support Zones
Trendline Liquidity: Dynamic support (rising trendline)
Horizontal Support Area: ~$100,000
Lowest Marked Support: ~98,500 USDT
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3. Technical Patterns
LRLR (Lower-Right Lower-Highs)
Denotes a descending trendline showing a series of lower highs, indicating selling pressure.
Triangle Pattern
A converging triangle formed between:
Descending trendline (resistance)
Ascending trendline (trendline liquidity/support)
→ Typically signals a potential breakout either direction.
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4. Liquidity Zones
Buy Side Liquidity above: Indicates areas where stop-losses or buy orders may be triggered if price breaks higher.
Trendline Liquidity: Below price; likely where sell-side liquidity exists, attracting market makers.
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5. Implications
Bullish Breakout: If BTC breaks the descending trendline and surpasses $105,500, it could target the EQH ($108,927) or buy-side liquidity ($110,789).
Bearish Breakdown: A break below the ascending trendline (~$104,000) could drive price toward the support zone around $100,000 or lower.
