Bitcoin
Long
Updated

(BTC/USD)1H Chart Analysis–Bullish Breakout Setup Toward$98,000

350
Technical Breakdown:

🔹 EMA 9
📉 Orange line (EMA 9 close): $93,233.68
➡️ Price is above EMA, showing bullish strength.

📦 RBR Zone (Rally-Base-Rally)
🔵 Zone: ~$92,000 - $93,000
🛡️ Acts as a support area — price could bounce here if it dips.

🚧 Resistance Zone
📍 Just above current price
📈 A breakout above this zone may trigger a bullish run.

🎯 Target Point: $98,000
🚀 Potential gain: +7.09%
📊 Strong upside target if breakout holds.

🛑 Stop Loss: $90,314.13
⚠️ Placed just below the RBR zone to minimize risk.

Trade Idea Summary:
🔽 Entry: On breakout above resistance
🎯 Target: $98,000
🛑 Stop Loss: $90,314.13
📈 R:R Ratio looks favorable
Trade active
snapshot
Trade closed: target reached

✅ Entered at RBR Zone (~90,314 - 92,000 USD)

Stop Loss:

⛔ Set at 90,314 USD

Resistance Zone:

⚡ Resistance around 94,000–95,000 USD

Target Point:

🎯 98,000 USD

Current Price:

📈 94,824 USD (about 60% toward the target)


EMA 70 Status:

📊 Price is above EMA 70 (93,996 USD) — bullish trend confirmed.

Performance so far:

🚀 Gained around 7% potential move.

🟰 Reached 60% of the way to target!

Suggestions:
🔵 Option 1: Move stop-loss up (📍 maybe near 93,500–93,800) to protect profits.
🔵 Option 2: Take partial profits now (💰 sell 50%), let the rest ride to 98,000.
🔵 Option 3: Watch if price dips below EMA — ⚠️ could indicate weakness.

Summary:
✅ Strong uptrend.
✅ Good risk management (tight stop loss).
✅ Smart to consider locking partial profits!

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