COIN NAME : #BTC/USDT.
SIGNAL TYPE: LONG
I can se BTC daily chart highlights a descending triangle breakout 📐, which typically signals bullish momentum when accompanied by strong volume. The support zone around $92,000 acted as a critical level, where buyers stepped in to push the price higher.
The breakout above resistance zones and the volume profile suggest increased buyer interest. Monitor for retests of the support zone to confirm the trend 🔍. Patience is key in such setups! ✨
The USDT.D chart reveals a Head and Shoulders pattern, signaling bearish momentum ahead. This formation suggests market dominance of USDT could decrease, aligning with bullish sentiment for Bitcoin and altcoins. RSI shows neutral levels, indicating potential for further downside. Short-term bearishness confirms, while longer-term BTC remains bullish.
The Binance BTC/USDT Liquidation Heatmap reveals key activity zones for both long and short liquidations 💡. The horizontal lines, varying in intensity, indicate where significant liquidation levels are clustered.Yellow Zones: High-intensity areas signify major liquidation levels 🔥, indicating potential price action triggers.Purple Background: Represents the liquidation distribution across leverage ranges 📊.Price consolidation is evident near $98,000, as liquidations accumulate both above and below this range 📉📈.Watch the $102,000 resistance and $96,000 support zones; liquidations here might fuel strong moves 🚀 or corrections 🔻.
Trade Details:
Entry : Around 98,000 ( Join my Binance live for premium crypto signals )
1st TP : 98813.70
2nd tp: 100326.59
3rd tp : 110,000
SL : 92,000
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