đ Primary Trend (Structure-Based)
Overall trend: Higher Timeframe Bullish
Price made higher highs & higher lows earlier
Current move is a corrective + consolidation phase, not trend reversal
đ This is a bullish market in pause mode, not bearish.
đ Current Pattern on Chart (Most Accurate)
â Descending Channel â Range Accumulation
Why this is accurate:
Price corrected from ~94K in a controlled descending channel
Correction stopped at strong horizontal demand zone (yellow line ~90K)
After breakdown attempt, price failed to continue down
Now price is moving sideways = absorption of selling pressure
đ This confirms Accumulation after correction
𧱠Key Zones (From Chart)
Major Support: 89,800 â 90,000
â Multiple candle rejections = strong buyers
Range High / Resistance: 91,800 â 92,200
â Sellers active here
This creates a box / rectangle pattern
đ Final Pattern Name (Professional TA)
âïž Range Accumulation after Bullish Trend
âïž Also called: Bullish Base Formation
đ Bias remains bullish until 89.6K breaks
đ Indicator Confirmation
EMA 9 & 20
Price holding near EMAs
EMAs flattening â breakout preparation phase
MACD
Histogram turning green
Momentum shifting from bearish to bullish
âĄïž Indicators confirm trend continuation setup
đ§ What This Pattern Usually Does
Liquidity taken below support â
Sellers trapped
Sideways compression
Sharp breakout upward đ
đŻ Clean Trade Logic (Pattern-Based)
Buy (Range Low):
90,200 â 90,500
Stop Loss (Structure Break):
89,600
Targets (Measured Move):
TP1: 91,500
TP2: 92,300
TP3: 93,200+
Risk-to-Reward is favorable, pattern-valid, and trend-aligned.
đ Summary (One Line)
$BTC BTC is in bullish accumulation after correction â breakout probability increases as range tightens.
