BTC Breakout Alert: Ready for the Next Bullish Wave

6 hari lalu

The BTC/USD 4-hour chart shows a clear breakout above a descending trendline that has acted as resistance since mid-May. After multiple rejections, the price has now broken above the structure, signaling bullish momentum. The Ichimoku cloud confirms support underneath, providing confluence for a potential rally. The bullish breakout is also accompanied by increasing volume and a bullish engulfing pattern near the breakout zone, which adds confirmation. Price is currently consolidating just above the breakout area, suggesting a retest may be forming before further upside continuation. If momentum sustains, higher levels could soon be tested in the coming sessions.

Entry: 109,400
1st Target: 110,000
2nd Target: 111,870

6 hari lalu

Dagangan aktif

Trade active in buy

kelmarin

Nota

First Buy target reached
Sorry for late update