BTC USD buy zone @89,300 H4chart analysis

📉 BTC/USD Sell Signal 📉

🔹 Entry: 89,300
🔹 Take Profit Targets:

🎯 TP1: 94,000

🎯 TP2: 98,000

🎯 TP3: 100,200

🎯 Final Target: 106,200


🔹 Stop-Loss: 80,500

📊 Trade wisely and manage your risk! 🚀 It looks like you're identifying a buy zone at 89,300 based on your H4 (4-hour) chart analysis. Here are a few things to consider:

Key Technical Factors to Watch:

1. Support & Demand:

If 89,300 aligns with a strong support level, it could be a good buy zone.

Check if price has bounced from this area previously.



2. Indicators Confirmation:

RSI: Is it near oversold (below 30)?

Moving Averages: Is price interacting with a key MA (50, 100, or 200)?

Fibonacci Levels: Does 89,300 align with a retracement level?



3. Market Structure:

Look for bullish candlestick patterns (hammer, engulfing) in this area.

Trend direction—are we in a larger uptrend or downtrend?



4. Liquidity & Order Flow:

If there's a liquidity grab (fakeout below a previous low), this could trigger a bullish reversal.



5. News & Fundamentals:

Keep an eye on economic data (interest rate decisions, inflation reports).




Would you like help with entry confirmation strategies or stop-loss placement?



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