Bitcoin
Long
Updated

BTCUSD โ€“ 30-Min Long Trade Setup!

208
๐Ÿ“ˆ ๐ŸŸข
๐Ÿ”น Asset: Bitcoin / U.S. Dollar (BTCUSD)
๐Ÿ”น Timeframe: 30-Min Chart (Bitstamp)
๐Ÿ”น Setup Type: Bullish breakout with retest confirmation

๐Ÿ“Š Trade Plan (Long Position)
โœ… Entry Zone: $82,879 (post-breakout consolidation)
โœ… Stop-Loss (SL): $81,452 (below breakout + key demand zone)

๐ŸŽฏ Take Profit Targets:
๐Ÿ“Œ TP1: $85,434 โ€“ resistance level
๐Ÿ“Œ TP2: $87,875 โ€“ previous high & major zone

๐Ÿ“ Risk-Reward Ratio:
๐ŸŸฅ Risk: $82,879 - $81,452 = $1,427
๐ŸŸฉ Reward to TP2: $87,875 - $82,879 = $4,996
๐Ÿ“Š R/R Ratio: 1 : 3.5+ โ€“ solid reward potential

๐Ÿ” Technical Breakdown
๐Ÿ“Œ Clean trendline breakout with retest โœ”
๐Ÿ“Œ Price holding above previous structure โœ”
๐Ÿ“Œ Volume confirms bullish breakout momentum โœ”
๐Ÿ“Œ Tight consolidation = potential launchpad setup ๐Ÿš€

๐Ÿ“‰ Risk Management Strategy
๐Ÿ” Move SL to breakeven at TP1
๐Ÿ’ฐ Partial profits at TP1
๐ŸŽฏ Let rest run to TP2
๐Ÿ“ Stay disciplined โ€“ follow plan

๐Ÿšจ Setup Invalidation
โŒ Break below $81,452 with strong volume
โŒ Fakeout candle with rejection & close below trendline

โšก๏ธ Final Thoughts
โœ” Strong breakout setup backed by structure & momentum
โœ” Excellent R/R for swing traders
โœ” Follow the levels, not emotions

๐Ÿ”— #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.