#cryptotradingpro #Signal🚥.
📏 Key levels $BTC
Opposites:
🔸 ~106,400 USD (green horizontal line — recent local high, where “BarDn” appears)
🔸 ~111,941–112,000 USD (long-term high interest level; possible growth target)
Support:
🔹 ~104,930 USD (local support, coincides with the lower blue dotted line)
🔹 ~104,048 USD (SuperTrend level — it is critical not to break down)
🔹 ~100,426 USD (global support — a series of charts)
📈 Trends and formations
• Exit wedge (orange lines): a signal of some correction or breakdown down, if the wedge does not break up.
• Previous descending channel (red lines): was broken, the price came out of it up.
• Flat zone (purple rectangle): the price is consolidating between $104,930 and $106,400.
• Elliott wave 5 pattern is completed (indicated in yellow), which may indicate the end of the correction phase and the beginning of a new impulse.
🧭 Possible scenarios
✅ Bullish scenario (medium probability)
• Price holds support at ~104,930 USD
• Breakout of the wedge upwards with the target:
• First 106,400
• Then 111,941–112,000
⚠️ Neutral scenario
• Continuation of consolidation in the 104,930–106,400 range until a breakout
❌ Bearish scenario (if we break through support)
• Breakout below 104,048 → rapid decline to:
• 100,426 USD (key support)
• Possible deepening to ~99,500
🔧 Indicators
• BarUp/BarDn — active signals of a change in momentum, which is important to monitor in sequence.
• Ichimoku Cloud — partially visible: price is above the cloud, which is a bullish sign (but the cloud is starting to contract → potential for a flat or decline).
📌 Conclusion
BTC is currently balancing between support and resistance. If it reaches the level of 104,930–104,048 USD, an upward breakout with a target of 111,941 is possible. In case of a downward breakout, a scenario of a rapid decline to 100,400 is possible.
🔔 Recommendation: monitor the price behavior near 104,930 and the reaction to the upper border of the wedge.