btc on dailys Bitcoin / TetherUSBINANCE:BTCUSDTsalluqrsh786Current price: around $65,120 You have identified three important structures: Major lower support — $58,000 Strong historical reaction zone. This was the major bottom of the current range. Your analysis treats this as the deeper support/invalidation area. Intermediate support — $62,000 Price has reacted around this level several times. More importantly, your rising trendline is now coming into this area. So $62K is your key near-term support. Resistance — $66,500–$67,500 This is the first major supply/resistance zone. Price has already rejected around this area multiple times. Therefore, this is the first major breakout level. Above that, you've marked another major resistance zone around $73,500–$74,500. 🟢 Your bullish plan Your green arrows show a fairly clear scenario: $65K → $66.5–67.5K → breakout/retest → $69K → $74K You're expecting BTC to continue making higher lows along the rising trendline. The structure you're drawing is essentially: Higher lows + horizontal resistance = ascending triangle/compression Your plan appears to be: Step 1 Price holds the rising trendline / $62K area. Step 2 Price pushes back toward $66.5–67.5K resistance. Step 3 Price breaks above that resistance. Step 4 A pullback/retest occurs. Step 5 If the breakout holds, you expect continuation toward approximately $69K, followed by: 🎯 Major target: $73.5–74.5K That's what your large green arrow is showing.