📈🟢
Asset: Bitcoin / U.S. Dollar (BITSTAMP: BTCUSD)
Chart: 30-Min Timeframe
Pattern: Bullish pennant breakout setup
🔹 Entry: ~$94,200 (breakout + structure support)
🔹 Stop-Loss: ~$93,000 (below pennant and trendline)
🔹 Take Profits:
TP1: ~$95,500 – Near upper channel
TP2: ~$97,000 – Measured breakout target
⚖️ Risk-Reward Calculation
– Risk per Trade: ~$1,200
– Reward to TP2: ~$2,800
– R:R Ratio: ~1:2.3 ✅
🧠 Technical Highlights
– Strong pennant consolidation after big rally
– Higher lows holding tight on 30-min frame
– Clean breakout expected above $94,500
– Previous breakout patterns confirmed bullish continuation
Asset: Bitcoin / U.S. Dollar (BITSTAMP: BTCUSD)
Chart: 30-Min Timeframe
Pattern: Bullish pennant breakout setup
🔹 Entry: ~$94,200 (breakout + structure support)
🔹 Stop-Loss: ~$93,000 (below pennant and trendline)
🔹 Take Profits:
TP1: ~$95,500 – Near upper channel
TP2: ~$97,000 – Measured breakout target
⚖️ Risk-Reward Calculation
– Risk per Trade: ~$1,200
– Reward to TP2: ~$2,800
– R:R Ratio: ~1:2.3 ✅
🧠 Technical Highlights
– Strong pennant consolidation after big rally
– Higher lows holding tight on 30-min frame
– Clean breakout expected above $94,500
– Previous breakout patterns confirmed bullish continuation
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.