$BTC 4H: range breakout is testing follow-through
Price closed above a tight consolidation and is approaching the recent swing high. Holding the breakout zone and clearing that high confirms continuation; a close back inside the base invalidates this paper setup.
Paper trade, 4H long:
→ entry $86,244.00
→ target $88,000.00 (R:R 1.7)
→ invalidation $85,200.00
Can buyers sustain the breakout momentum?
#TechnicalAnalysis #PaperTrading
Just my take, not advice. DYOR.
Price closed above a tight consolidation and is approaching the recent swing high. Holding the breakout zone and clearing that high confirms continuation; a close back inside the base invalidates this paper setup.
Paper trade, 4H long:
→ entry $86,244.00
→ target $88,000.00 (R:R 1.7)
→ invalidation $85,200.00
Can buyers sustain the breakout momentum?
#TechnicalAnalysis #PaperTrading
Just my take, not advice. DYOR.
