#SecureYourAssets Bitcoin (BTC) 30-Minute Chart Trade Setup Analysis

📈 Trend Overview:

• Downtrend Resistance:

• $83,406.6 with strong TL strength of 4.23 and a shallow 3° angle, indicating strong overhead resistance.

• Uptrend Support:

• $79,761.6 with weak TL strength of 2.7 and a steep 28° angle, suggesting strong buying interest below current levels.

📊 Technical Indicators:

• Short-term trends (50–200 bars) all indicate a bullish bias, with consistent upward slopes ranging from +10° to +20°.

• Momentum is favoring bulls in the short to medium term but is approaching critical resistance levels.

🦀 Harmonic Patterns:

• Two bearish harmonic patterns (Crab and Alternate Bat) converge near $83,406.6, signaling a potential reversal zone.

• The “D” point of these patterns aligns with the downtrend resistance, reinforcing the significance of this level.

🎯 Trade Plan:

• Short Entry: Near $83,406.6, if price gets rejected and shows bearish confirmation.

• Targets:

• TP1: $82,032.1

• TP2: $79,761.6

• Stop Loss: Above $84,217.8.

• Long Entry: If price breaks and sustains above $83,406.6, signaling a bullish breakout.

• Targets:

• TP1: $84,800.0

• TP2: $86,000.0+

• Stop Loss: Below $82,480.1.

⚠️ Caution:

• This setup depends heavily on price action around $83,406.6.

• Monitor market sentiment and volume closely for added conviction.

• Be prepared for volatility as price approaches harmonic reversal zones. $BTC