๐ ๐ข
๐น Asset: Bitcoin / U.S. Dollar (BTCUSD)
๐น Timeframe: 30-Min Chart (Bitstamp)
๐น Setup Type: Bullish breakout with retest confirmation
๐ Trade Plan (Long Position)
โ Entry Zone: $82,879 (post-breakout consolidation)
โ Stop-Loss (SL): $81,452 (below breakout + key demand zone)
๐ฏ Take Profit Targets:
๐ TP1: $85,434 โ resistance level
๐ TP2: $87,875 โ previous high & major zone
๐ Risk-Reward Ratio:
๐ฅ Risk: $82,879 - $81,452 = $1,427
๐ฉ Reward to TP2: $87,875 - $82,879 = $4,996
๐ R/R Ratio: 1 : 3.5+ โ solid reward potential
๐ Technical Breakdown
๐ Clean trendline breakout with retest โ
๐ Price holding above previous structure โ
๐ Volume confirms bullish breakout momentum โ
๐ Tight consolidation = potential launchpad setup ๐
๐ Risk Management Strategy
๐ Move SL to breakeven at TP1
๐ฐ Partial profits at TP1
๐ฏ Let rest run to TP2
๐ Stay disciplined โ follow plan
๐จ Setup Invalidation
โ Break below $81,452 with strong volume
โ Fakeout candle with rejection & close below trendline
โก๏ธ Final Thoughts
โ Strong breakout setup backed by structure & momentum
โ Excellent R/R for swing traders
โ Follow the levels, not emotions
๐ #BTCUSD #Bitcoin #CryptoTrading #BreakoutSetup #TechnicalAnalysis #ProfittoPath #TradeSmart #ChartAnalysis #MomentumTrade #RiskManagement
๐น Asset: Bitcoin / U.S. Dollar (BTCUSD)
๐น Timeframe: 30-Min Chart (Bitstamp)
๐น Setup Type: Bullish breakout with retest confirmation
๐ Trade Plan (Long Position)
โ Entry Zone: $82,879 (post-breakout consolidation)
โ Stop-Loss (SL): $81,452 (below breakout + key demand zone)
๐ฏ Take Profit Targets:
๐ TP1: $85,434 โ resistance level
๐ TP2: $87,875 โ previous high & major zone
๐ Risk-Reward Ratio:
๐ฅ Risk: $82,879 - $81,452 = $1,427
๐ฉ Reward to TP2: $87,875 - $82,879 = $4,996
๐ R/R Ratio: 1 : 3.5+ โ solid reward potential
๐ Technical Breakdown
๐ Clean trendline breakout with retest โ
๐ Price holding above previous structure โ
๐ Volume confirms bullish breakout momentum โ
๐ Tight consolidation = potential launchpad setup ๐
๐ Risk Management Strategy
๐ Move SL to breakeven at TP1
๐ฐ Partial profits at TP1
๐ฏ Let rest run to TP2
๐ Stay disciplined โ follow plan
๐จ Setup Invalidation
โ Break below $81,452 with strong volume
โ Fakeout candle with rejection & close below trendline
โก๏ธ Final Thoughts
โ Strong breakout setup backed by structure & momentum
โ Excellent R/R for swing traders
โ Follow the levels, not emotions
๐ #BTCUSD #Bitcoin #CryptoTrading #BreakoutSetup #TechnicalAnalysis #ProfittoPath #TradeSmart #ChartAnalysis #MomentumTrade #RiskManagement
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.