BTC/USDT 1H CHART PATTERN

This chart is a Bitcoin (BTC/USDT) trading setup on the 1-hour timeframe. Here's a breakdown of the key elements:

🔍 Trade Setup Summary

Entry Line: 109200

Final Target: 108700

Current Price: 109118.14 (below the entry line)

Resistance Zone: Around 109732.10

Support Zone: Around 107264.03


📉 Strategy Interpretation

This appears to be a short trade setup:

Sell/Short Entry: At 109200

Target (Take Profit): 108700

This implies the trader expects BTC to drop from current levels toward the support area.

Stop-loss (not marked but implied): Likely just above 109732.10 (resistance zone)



⚠ Risk/Reward Outlook

Risk: Approximately 500–600 points (if SL is above resistance)

Reward: Around 500 points (from 109200 to 108700)

Risk-Reward Ratio: Close to 1:1, assuming a tight SL



---

Let me know if you want help calculating position size, refining this trade setup, or exploring a bullish alternative.