Technical analysis by Ad_Brock4 about Symbol BTC: Buy recommendation (22 hour ago)

Ad_Brock4
تحلیل تکنیکال بیت کوین (BTC/USD): آیا روند صعودی جدید آغاز میشود؟ (بررسی سطوح کلیدی)

Sure 👍 — here’s a breakdown of the details shown in your BTCUSD 4H chart from TradingView: --- 🧭 General Overview Pair: BTC/USD (Bitcoin vs US Dollar) Exchange: Bitstamp Timeframe: 4-hour Current Price: $111,984 Change: +1,404 (+1.27%) --- 📊 Key Market Structure Elements 1. CHoCH (Change of Character) Indicates a trend reversal or shift in structure. Two CHoCH labels are marked: First CHoCH near late September – shift from bearish to bullish. Second CHoCH around mid-October – shift back from bullish to bearish. 2. BOS (Break of Structure) Shows continuation in a trend direction. BOS points on the chart confirm bullish structure recently forming again. 3. EQH (Equal Highs) Area of liquidity above prior highs, often where stop losses rest. Suggests price may grab liquidity above these highs before moving lower or continuing up. --- 📈 Zones & Levels Zone TypeDescriptionArea / Value Demand ZoneHighlighted in yellow — areas where buying interest was strong.Around 107,000–109,000 Supply ZoneHighlighted in yellow near prior swing high.Around 115,000–118,000 Strong HighMarked at 126,191Possible upper target Weak LowMarked below 100,000May get swept if bullish momentum fails --- 🎯 Target Projection The purple curved arrow indicates a potential bullish move targeting 126,191 USD. Label “🎯 TARGET” shows an interim objective at the prior swing high around 118,000–120,000. --- 🟢 Interpretation Bias: Currently leaning bullish based on the recent BOS and demand reaction. Short-term expectation: Possible retrace into demand (around 110K–109K) before pushing higher. Upside targets: 1st: 118,000 (prior target zone) 2nd: 126,191 (strong high / major resistance) --- ⚠️ Things to Watch If price breaks below weak low (~100K), it invalidates the bullish setup. Upcoming U.S. events (indicated by the 🇺🇸 icons) may introduce volatility — likely macroeconomic news or data releases. --- Would you like me to turn this analysis into a structured trading plan (with entry, stop-loss, and take-profit scenarios)?