COCOFX
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Occasional Trader
4.8 Years
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Bitcoin has broken out of the descending channel with strong bullish momentum, flipping previous resistance (~105.5K) into support. Current price action shows a clear continuation setup with bulls targeting the 112K zone.
🟢 Entry was taken from the retest zone after confirmation
🎯 Target: $111,955
🛑 SL: Below $104,569 support
📊 Risk/Reward looking clean — riding momentum into key resistance.
If momentum holds and volume sustains, expect another leg up. Stay sharp — volatility is high around these levels.
#cryptotrading #PriceActionAnalysis #BitcoinBreakout #BTCUSD #TradingViewIdeas
🟢 Entry was taken from the retest zone after confirmation
🎯 Target: $111,955
🛑 SL: Below $104,569 support
📊 Risk/Reward looking clean — riding momentum into key resistance.
If momentum holds and volume sustains, expect another leg up. Stay sharp — volatility is high around these levels.
#cryptotrading #PriceActionAnalysis #BitcoinBreakout #BTCUSD #TradingViewIdeas
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