Chart Setup:
#BTC is forming a Head & Shoulders pattern on the 30-minute timeframe, signaling a potential bullish breakout. Additionally, a bullish divergence has appeared, strengthening the case for an upward move.
Key Levels to Watch:
🔹 Neckline Breakout: A confirmed breakout above the neckline could trigger a strong long opportunity.
🔹 Support Zone: If #BTC retests and holds the support level, it may provide a better risk-reward entry.
🔹 Invalidation: A breakdown below key support could shift the bias.
Trading Plan:
🔹 Wait for a clean neckline breakout with volume confirmation.
🔹 Set a stop-loss below recent support.
🔹 Target key resistance zones for profit-taking.
What’s Your Take?
Will #BTC break out or get rejected? Drop your thoughts in the comments!
Follow for More Trade Ideas & Market Updates!
#BTC is forming a Head & Shoulders pattern on the 30-minute timeframe, signaling a potential bullish breakout. Additionally, a bullish divergence has appeared, strengthening the case for an upward move.
Key Levels to Watch:
🔹 Neckline Breakout: A confirmed breakout above the neckline could trigger a strong long opportunity.
🔹 Support Zone: If #BTC retests and holds the support level, it may provide a better risk-reward entry.
🔹 Invalidation: A breakdown below key support could shift the bias.
Trading Plan:
🔹 Wait for a clean neckline breakout with volume confirmation.
🔹 Set a stop-loss below recent support.
🔹 Target key resistance zones for profit-taking.
What’s Your Take?
Will #BTC break out or get rejected? Drop your thoughts in the comments!
Follow for More Trade Ideas & Market Updates!
Emir iptal
Trade is not valid.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.