The analysis reviews a past Bitcoin trade setup where a support area between 112900 and 113100 dollars was identified for a potential reversal to the upside. The target was 118000. A long position was initiated at 111500 based on signs of strength when 111.6 was reclaimed. The actual respect of the marked support area was inaccurate, so the analyst didn't average the long position. The first target was 118000. Then, the analyst outlines levels above and below, emphasizing a key upside level at 121000 dollars, marking it as the 12-hour and 4-hour open. It suggests a higher low and move sideways before downtrend to 114000