BTCUSDT Buy Setup | Range Accumulation Breakout
Bitcoin is consolidating inside a well-defined range after a strong recovery. Instead of chasing the current price, I'm waiting for a retracement into the highlighted demand zone before looking for a long position.
🟢 Buy Plan
Entry: Buy from the highlighted demand zone after a bullish reaction.
Stop Loss: Below the demand zone.
Take Profit 1: Return to the range highs.
Take Profit 2: The upper trendline resistance around 64.8K.
Risk-to-Reward: Approximately 1:2.
The current structure suggests accumulation within the range. If buyers successfully defend the demand zone, Bitcoin could resume its bullish move toward the next liquidity area and challenge the upper channel resistance.
⚠️ This is my personal market analysis and is for educational purposes only. Always wait for confirmation and use proper risk management before entering any trade.
If you enjoy my analysis, don't forget to 👍 Like, 💬 Comment, and ⭐ Follow my TradingView profile for more Crypto, Forex, and Gold trade setups!
Bitcoin is consolidating inside a well-defined range after a strong recovery. Instead of chasing the current price, I'm waiting for a retracement into the highlighted demand zone before looking for a long position.
🟢 Buy Plan
Entry: Buy from the highlighted demand zone after a bullish reaction.
Stop Loss: Below the demand zone.
Take Profit 1: Return to the range highs.
Take Profit 2: The upper trendline resistance around 64.8K.
Risk-to-Reward: Approximately 1:2.
The current structure suggests accumulation within the range. If buyers successfully defend the demand zone, Bitcoin could resume its bullish move toward the next liquidity area and challenge the upper channel resistance.
⚠️ This is my personal market analysis and is for educational purposes only. Always wait for confirmation and use proper risk management before entering any trade.
If you enjoy my analysis, don't forget to 👍 Like, 💬 Comment, and ⭐ Follow my TradingView profile for more Crypto, Forex, and Gold trade setups!
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.