Bitcoin reversal setup inside descending channel (2H Chart)Suggested Take-Profit Levels (based on your plotted targets)
TP1 (first target zone)
91,800 – 92,200
This aligns with your first “Target point” label
Also matches top of the channel retest area
TP2 (upper target zone)
98,500 – 100,000
Matches the higher arrow target on the image
Strong psychological level at 100K
Suggested Stop-Loss Levels
Choose depending on risk tolerance:
Conservative (safer / wider)
≈ 83,400 – 83,000
Below recent swing low and channel bottom
⚠️Reminder
This is chart-based technical interpretation, not financial advice. Crypto is volatile — size positions carefully.
Buyanalysis
TRU Breakout Re-test and BUY MOVETRU is a performance-based stock. On 28th Aug 23, I posted it's breakout. But unfortunately, it could not be a successful breakout. Now, TRU has retested the Support trendline and is bouncing back. There is a minor resistance at 64 because it has been tested multiple times. This time, it is more likely to break to the upside.
Reason :
Stock has been consolidating for more than a year.
It has formed a triple Bottom.
Taking Support at Trendline.
Right now, at support Zone.
Verdict :
Bullishness Expected
Plan of action :
Buy: 59.60
Stoploss: 54
TARGET: (1st) 82, (2nd) 100


