Earlier today, I signaled a BTC BUY/LONG entry position, leading by example with my own 1 Lot size purchase—a technique I extensively teach in my mentorship program.
Cutting to the chase, I executed the BTC trade at the mentioned price, and on this end, $1000 USD is already secured!
Share your gains in the comments below! 📈
FOLLOW ME for consistently accurate signals and updates. 🤗 Let's keep the momentum going! 🚀
Price has bounced off stronger with yesterday's daily candle closing past the previous day's candle (Bullish Engulfing Pattern) after a fakeout move below our bottom Trendline.
On the 4H timeframe, price has clearly broken above the top trendline.
SENTIMENT: Bullish
Near Target: 45.7k
Primary Target: 48.5k
Sniper Entry: On retest of yesterday's daily candle High.
#BTC has been consolidating for over a week now. Of course, just like any good runner, some form of consolidation was to be expected after a big and quick move from 36k to 44.7k.
This Sunday, $BTC appears to be rebounding off the Support (Ascending Trend Line), which has held for over three weeks. A distinct bullish pinbar (Hammer) has formed on the 4H timeframe, a noteworthy signal given the potential for significant moves during the Sunday-to-Monday transition.
Despite the positive signs, I'm exercising caution and refraining from a substantial commitment until the price surpasses the minor resistance level (Descending Trend Line). Confirmation of a breakout would come with a price level above 42.8K and will be a clear sign for me to scale in BIG.
Short Term Target: 45.7k
Our Primary Target: 48.5k
Share your thoughts in the comments below!
Your Like and Follow serve as significant motivation—thank you in advance!🥰
Taking a straightforward approach, like employing a trendline on a higher timeframe is the optimal method for chart analysis.
On the 1D timeframe, #BTC has maintained a clear uptrend, with short retracements consistently halted by an uptrend line.
Historically, each time the price has reached this trendline, it has led to a subsequent upthrust move.
The recent abrupt pullback has retested this same trendline, and based on past behavior, I'm highly confident (95%) that a significant bullish move is imminent. This could potentially propel us to a substantial $48,500 per $BTC , followed by a deeper retracement before initiating an 18-month long BULL RUN (I'll delve into this further in upcoming posts, so follow me to stay informed)!