Chart Breakdown:
๐ Trend Structure:
BTC is moving in an ascending channel with:
๐ต Resistance Line on top
๐ข Support Line below
๐ Recently, it broke out above the resistance with a bullish move!
Key Zones & Levels:
๐ฆ Fair Value Gap (FVG)
This is your potential buy zone:
โ Entry Point: $86,135
โ Stop Loss: $85,098
๐ฏ Target: $91,000
๐ Plan:
Wait for price to retrace into the FVG zone
Look for a bullish bounce โ
Enter long at $86,135
Set your SL and target accordingly
Risk-Reward Setup:
Risk: Small (below FVG zone) โ
Reward: Big upside toward $91,000 ๐
Gain Potential: +5.74% ($4,948 per BTC)
Visual Flow:
1๏ธโฃ Price breaks resistance ๐ผ
2๏ธโฃ Pullback expected to FVG ๐ฝ
3๏ธโฃ Entry triggers around $86,135
4๏ธโฃ Targeting moon shot to $91K ๐
Conclusion:
This setup shows a bullish continuation with solid RR.
If BTC holds the FVG on a retest, the move to $91K looks likely!
๐ Trend Structure:
BTC is moving in an ascending channel with:
๐ต Resistance Line on top
๐ข Support Line below
๐ Recently, it broke out above the resistance with a bullish move!
Key Zones & Levels:
๐ฆ Fair Value Gap (FVG)
This is your potential buy zone:
โ Entry Point: $86,135
โ Stop Loss: $85,098
๐ฏ Target: $91,000
๐ Plan:
Wait for price to retrace into the FVG zone
Look for a bullish bounce โ
Enter long at $86,135
Set your SL and target accordingly
Risk-Reward Setup:
Risk: Small (below FVG zone) โ
Reward: Big upside toward $91,000 ๐
Gain Potential: +5.74% ($4,948 per BTC)
Visual Flow:
1๏ธโฃ Price breaks resistance ๐ผ
2๏ธโฃ Pullback expected to FVG ๐ฝ
3๏ธโฃ Entry triggers around $86,135
4๏ธโฃ Targeting moon shot to $91K ๐
Conclusion:
This setup shows a bullish continuation with solid RR.
If BTC holds the FVG on a retest, the move to $91K looks likely!
Note
Trade Summary:๐ต Entry Point:
๐ข $86,135.39 (inside the FVG zone)
This area acted as a demand zone, perfect for entering a long position.
๐ Stop Loss:
๐ด $85,098.16
Placed just below the FVG to minimize risk.
๐ฏ Target Point:
๐ต $91,170.27
โ๏ธ HIT! This was achieved successfully with a strong bullish push.
Progress Dots:
* Entry โ
* Small pullback to test resistance โ
* Break above previous resistance โ
* Strong bullish candle continuation โ
* Hit target ๐ โ
๐ Price Gain:
+5.74%
Thatโs a sweet $4,948.45 profit per BTC from this move!
Final Verdict:
Fire setup!
๐ฅ Entered at demand
๐ Broke resistance
๐ฏ Target SMASHED
Well played!
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Disclaimer
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join my tellegram channel
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
t.me/JaMesGoldFiGhteR786
join my refferal broker
xmglobal.com/referral?token=S4yGyqPUmU9uAANtb_YUoA
Related publications
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.