Technical Breakdown:
#BTC is forming a harmonic pattern on the 30-minute time frame, signaling a potential bullish reversal.
Bullish divergence is developing, which strengthens the case for an upward move.
The key resistance level is acting as a barrier. A break and close above this level will confirm a bullish breakout.
Trading Plan:
🔹 Wait for bullish divergence confirmation.
🔹 Monitor the breakout of resistance.
🔹 If a candle closes above resistance, enter a long position with proper risk management.
🔹 Target levels: 93700
🔹 Stop-loss below recent lows for a safe risk-reward ratio.
What do you think? Will #BTC break out or get rejected? Drop your thoughts in the comments!
Follow for more real-time trade ideas, setups, and market insights!
#BTC is forming a harmonic pattern on the 30-minute time frame, signaling a potential bullish reversal.
Bullish divergence is developing, which strengthens the case for an upward move.
The key resistance level is acting as a barrier. A break and close above this level will confirm a bullish breakout.
Trading Plan:
🔹 Wait for bullish divergence confirmation.
🔹 Monitor the breakout of resistance.
🔹 If a candle closes above resistance, enter a long position with proper risk management.
🔹 Target levels: 93700
🔹 Stop-loss below recent lows for a safe risk-reward ratio.
What do you think? Will #BTC break out or get rejected? Drop your thoughts in the comments!
Follow for more real-time trade ideas, setups, and market insights!
Trade active
Trade is active, BTC break the resistance level and also closed the candle above the resistance. Note
I Hope everyone enjoy this trade. Note
Move ur SL at break even point. Trade closed: target reached
Trade is closed on Break even point. 
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.