BtcUsdt H4 technical analysis

184
Entry Criteria:
Price Action:
Buy if price breaks above $63,100 and confirms the break of the trendline (confirm with strong bullish momentum or high volume).
Sell if price rejects $63,100 level and fails to break the trendline (sign of bearish reversal or resistance).

Target Levels:
Buy Target:
First Target: $65,430

Sell Target:
First Target: $60,105

This setup involves using key levels and trendline confirmation for entry, ensuring you have well-defined risk management with stop-loss levels to protect your position. Adjust your targets and stop-loss levels based on your risk tolerance and market volatility.

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.