🔍 Daily Chart Analysis for BTC/USDT – Signal: Buy $BTC
Current Price: 108,450
Confidence Level: 🟢 83% Buy
🟢 Reasons to Buy:
🟢 Clear breakout of the previous peak (Weak High) – Indication of strong uptrend.
🟢 Repeated Bullish Order Block (BOS) formation – Market structure confirms the continuation of the rise.
🟢 Price is fully above the Ichimoku cloud – Strong control by buyers.
🟢 Tenkan-Sen crosses Kijun-Sen upwards – Additional support for positive momentum.
🟢 No strong immediate resistance above the price – Open space for upward movement.
🟢 Formation of an unfilled bullish price gap (FVG) – Motivation to continue.
🟢 Demand zone at $96K – $101K still exists and supports the price.
🟢 Price behavior shows consolidation at every pullback – Strength in demand.
🟢 Future Ichimoku cloud is green and open – Expectation of trend continuity.
🟢 Confirmation of Bullish Change of Character (CHoCH) in April – Beginning of a new upward wave.
📈 Trade Details
Buy Entry: $108,120 🟢
Stop Loss: $101,300 🛑
Take Profit: $115,800 ✅
Risk to Reward Ratio: Approximately 1:2.5
🧠 This is not trading advice – It is a technical signal based solely on chart analysis.
