BTCUSD is trading around $114,400 (≈ $114,300-114,500) and is showing resistance pressure in both the 4H & Daily timeframes. The price has bounced off lower structure but is now compressing right under a major resistance zone. This is appearing like a PO3 accumulation + possible breakout or rejection zone.
Possible Long Trade Setup:
• Entry: Consider going long if there’s a clean 4H candle close above $115,000, or a retest of support near $113,000-114,000 with strong bullish candle action.
• Target Levels:
• 🎯 1st Target – $118,000
• 🎯 2nd Target – $120,000+
• Invalidation: If price closes decisively below $112,500, bullish scenario is weakened and rejects may lead toward lower liquidity zones.
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Disclosure: This is for educational purposes only—not financial advice.
Possible Long Trade Setup:
• Entry: Consider going long if there’s a clean 4H candle close above $115,000, or a retest of support near $113,000-114,000 with strong bullish candle action.
• Target Levels:
• 🎯 1st Target – $118,000
• 🎯 2nd Target – $120,000+
• Invalidation: If price closes decisively below $112,500, bullish scenario is weakened and rejects may lead toward lower liquidity zones.
Please like 👍 & comment 💬 to support my post!
Your engagement pushes me to keep sharing quality setups with depth.
Best Regards,
KeswanTrades 🕊️
Disclosure: This is for educational purposes only—not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.