BTC/USDT 4H Chart Analysis:



Current Price: $84,499
Price recently broke out and reached a resistance zone (~$87,500-$88,000).

After rejection, a pullback is happening, testing support near $82,000.

Market structure shows CHoCH (Change of Character) indicating a possible shift in momentum.

Key Levels:

Resistance: $87,500 - $88,000 (Strong resistance, rejection area)

Support: $82,000 - $80,000 (Demand zone, potential bounce area)

Trade Setup (Short-term):

Buy (Long) Setup:

Entry: Around $82,000-$80,500 (Support zone)

Take Profit (TP): $87,500 - $88,000 (Resistance zone)

Stop Loss (SL): Below $79,500

Sell (Short) Setup:
Entry: If price rejects from $87,500-$88,000

TP: $82,000 (Support zone)

SL: Above $89,000

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BTC-0.12%
NEAR0.72%
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CryptoBGsvip
· 2025-03-21 04:11
thank you so much
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