BTC Bullish Setup: Two Long Positions Aligned for Continuation

13 Jul

Hello guys!

Bitcoin is currently in a strong uptrend, consolidating after a sharp move up. The chart highlights a textbook bullish continuation pattern (pennant/triangle), suggesting momentum is building for another leg up.

Attention:
This is not an either-or setups. Both long entries are valid and could trigger one after the other, offering layered opportunities for bulls.

1- First Long: Breakout from Bullish Pennant
Price is tightening inside a triangle after a strong impulse move.
A breakout above the resistance around $118K would confirm continuation.
Entry on the breakout targets the upper liquidity zone near $122K.

2- Second Long: Pullback to S&D Zone (around $115K)
If the breakout happens and then retraces, watch for price to revisit the S&D zone at $115,200–$115,800.
This area will act as support and provide a second long opportunity.

target: around $122k

13 Jul

Nota

the first position hit the target

14 Jul

Dagangan ditutup: sasaran tercapai