Post
🚀 BTC ANALYSIS UPDATE: The Trend Has Shifted!
After weeks of battling resistance, Bitcoin has officially broken above the daily Ichimoku Cloud! This is a major structural shift. We’ve seen price consolidate, form a solid base, and now the Chikou Span (green line) is in open space, confirming that the path of least resistance is to the upside.
The bulls are back in control. Don’t miss the momentum! 📈
🎯 The Trade Setup
Entry Point: $77,950 (Market entry or on a slight retest of the cloud top).
Take Profit 1: $80,000 (Psychological resistance and previous structural peak).
Take Profit 2: $85,500 (Major historical resistance zone).
Stop Loss: $70,300 (Placed safely below the Kijun-sen/blue line to protect against a false breakout).
🔍 Technical Analysis Summary
Cloud Breakout: Price has exited the top of the Kumo (Cloud), which traditionally signals the end of a bearish phase and the start of a new bullish trend.
TK Cross: The Tenkan-sen (red line) is trending above the Kijun-sen (blue line), indicating strong short-term bullish momentum.
Lagging Span Confirmation: The Chikou Span (green line) is well above the price action from 26 periods ago, providing the final "green light" for a long position.
Volume Support: We see consistent green volume bars supporting this move away from the $68k–$70k accumulation zone.
#BTC
$BTC
{future}(BTCUSDT)
After weeks of battling resistance, Bitcoin has officially broken above the daily Ichimoku Cloud! This is a major structural shift. We’ve seen price consolidate, form a solid base, and now the Chikou Span (green line) is in open space, confirming that the path of least resistance is to the upside.
The bulls are back in control. Don’t miss the momentum! 📈
🎯 The Trade Setup
Entry Point: $77,950 (Market entry or on a slight retest of the cloud top).
Take Profit 1: $80,000 (Psychological resistance and previous structural peak).
Take Profit 2: $85,500 (Major historical resistance zone).
Stop Loss: $70,300 (Placed safely below the Kijun-sen/blue line to protect against a false breakout).
🔍 Technical Analysis Summary
Cloud Breakout: Price has exited the top of the Kumo (Cloud), which traditionally signals the end of a bearish phase and the start of a new bullish trend.
TK Cross: The Tenkan-sen (red line) is trending above the Kijun-sen (blue line), indicating strong short-term bullish momentum.
Lagging Span Confirmation: The Chikou Span (green line) is well above the price action from 26 periods ago, providing the final "green light" for a long position.
Volume Support: We see consistent green volume bars supporting this move away from the $68k–$70k accumulation zone.
#BTC
$BTC
{future}(BTCUSDT)