Trisha_Saha
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BTC/USD This is the suggested area for a long (buy) trade entry.🎯
$BTC
Chart Analysis:
The chart uses several trading tools and annotations:
📌 Key Annotations and Areas:
1. Entry Zone (Green box around $118,000):
This is the suggested area for a long (buy) trade entry.
Price is currently in or near this entry zone.
2. First Target (Green box near $120,000):
This is the initial profit-taking area where traders might close part of their position.
3. Final Target (Green box near $124,819):
The final target area, possibly the end goal of the trade setup.
4. Stop-Loss Zone (Red area near $115,002):
Below the entry zone, where the trade should be exited if price moves against the setup.
5. Support Zone (Green area below the chart, near $108,092):
A historical area of price support that might act as a bounce point if price drops.
6. Highlighted Circle (on a past price action):
Possibly marks a key market structure break or liquidity sweep.
7. Labels on Chart:
“BTC/USD” at the center.
"entry", "first target", "target", and "support" to mark important zones.
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🔧 Technical Indicators and Tools:
Ichimoku (values shown above): A popular trend-following indicator.
Various overlays and labels from a custom strategy/script, possibly showing FVG (Fair Value Gap), OB (Order Block), etc.
Drawing tools: Rectangle zones, text labels, and arrows are used for clarity.
#BTCvsETH #ETHBreaks3700 #StablecoinLaw #NFTMarketWatch #StrategyBTCPurchase
Chart Analysis:
The chart uses several trading tools and annotations:
📌 Key Annotations and Areas:
1. Entry Zone (Green box around $118,000):
This is the suggested area for a long (buy) trade entry.
Price is currently in or near this entry zone.
2. First Target (Green box near $120,000):
This is the initial profit-taking area where traders might close part of their position.
3. Final Target (Green box near $124,819):
The final target area, possibly the end goal of the trade setup.
4. Stop-Loss Zone (Red area near $115,002):
Below the entry zone, where the trade should be exited if price moves against the setup.
5. Support Zone (Green area below the chart, near $108,092):
A historical area of price support that might act as a bounce point if price drops.
6. Highlighted Circle (on a past price action):
Possibly marks a key market structure break or liquidity sweep.
7. Labels on Chart:
“BTC/USD” at the center.
"entry", "first target", "target", and "support" to mark important zones.
---
🔧 Technical Indicators and Tools:
Ichimoku (values shown above): A popular trend-following indicator.
Various overlays and labels from a custom strategy/script, possibly showing FVG (Fair Value Gap), OB (Order Block), etc.
Drawing tools: Rectangle zones, text labels, and arrows are used for clarity.
#BTCvsETH #ETHBreaks3700 #StablecoinLaw #NFTMarketWatch #StrategyBTCPurchase
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.