The chart shows a bullish reversal pattern, likely an inverse head and shoulders or a bullish triangle breakout.
The price has broken out of the triangle formation, indicating a potential continuation of the uptrend.
The setup suggests a bullish outlook with a well-defined entry, stop loss, and take-profit levels.
If the price holds above the entry level and breaks resistance, the next targets could be achieved.
If BTC drops below the stop loss, the trade would be invalidated, signaling a potential downtrend or retest of lower support.
Trading Plan:
BUY83,710 USDT
SL: Placed around 83,256 USDT to manage risk.
Targets:
1st Target: ~84,500 USDT
2nd Target: ~85,500 USDT
I always firmly believe that profit is the sole criterion for measuring strength. I will share accurate trading signals every day. Follow my lead and wealth will surely come rolling in. Click on my profile for your guide.
The price has broken out of the triangle formation, indicating a potential continuation of the uptrend.
The setup suggests a bullish outlook with a well-defined entry, stop loss, and take-profit levels.
If the price holds above the entry level and breaks resistance, the next targets could be achieved.
If BTC drops below the stop loss, the trade would be invalidated, signaling a potential downtrend or retest of lower support.
Trading Plan:
BUY83,710 USDT
SL: Placed around 83,256 USDT to manage risk.
Targets:
1st Target: ~84,500 USDT
2nd Target: ~85,500 USDT
I always firmly believe that profit is the sole criterion for measuring strength. I will share accurate trading signals every day. Follow my lead and wealth will surely come rolling in. Click on my profile for your guide.
Change your life starting from entering my Telegram channel. Making profits will be as easy as breathing. Click the link to enter now!
t.me/+NO9R61oxqPs2Yjg8
t.me/+NO9R61oxqPs2Yjg8
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.
Change your life starting from entering my Telegram channel. Making profits will be as easy as breathing. Click the link to enter now!
t.me/+NO9R61oxqPs2Yjg8
t.me/+NO9R61oxqPs2Yjg8
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.