2025-04-28 08:19:39

BTC/USDT

1. Trend Analysis:

The main trend is upward (bullish structure) because:

There was a Break of Structure (BoS) to the upside.

You can see a strong rally previously and a healthy pullback.

However, there was also an internal Change of Character (I-ChoCH) indicating some short-term bearishness, but price respected the 0.236 Fibonacci retracement and bounced up again.

The price is currently challenging the Area of Interest (red zone near 95,000), which is a previous supply zone. This could act as resistance.

2. Entry Strategy:

Safer Entry: After a confirmed breakout and retest of the 95,000 level (Area of Interest) — Wait for a candle close above it on 4H.

Aggressive Entry: You could already consider a long from current price (94,800 zone) targeting continuation upwards, because price rejected the lower zone strongly.

3. Take Profit (TP) and Stop Loss (SL):

4. Summary:

Trend: Bullish

Entry Options:

Safer: Break and retest 95,000

Aggressive: Now (94,800 zone)

Target: 95,500–96,000

Stop Loss: 94,200–94,400 depending on

BTC-1,05%

UP-4,05%

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