📊 BTC/USD 1H Trendline Setup

$BTC — Trendline Break & Retest Watch 👀

Looking at the 1H BTC/USD chart, price is currently around 84,464.

🔹 Trendline structure: Price has broken above the previous descending red trendline.
🔹 Current setup: After moving higher, BTC is pulling back toward the rising green trendline.
🔹 Key confirmation: I’ll watch how price reacts around the rising trendline before considering an entry.
🔹 Bullish scenario: A clear bounce and bullish candle confirmation from the trendline could support continuation.
🔹 Invalidation: A decisive break below the supporting trendline would weaken this setup.
🔹 Resistance: The marked 85,600–85,900 area is an important zone to watch.
🔹 Risk management: No entry without confirmation; SL should be based on the structure of the setup.

My approach:
Break → Retest → Confirmation → Entry → Defined SL → Target

Not every trendline touch is a trade. Wait for confirmation. 📈

$BTC $ETH $BNB $SOL $XRP

#BTC #BTCUSD #Bitcoin #CryptoTrading #TrendlineTrading #PriceAction #TechnicalAnalysis #Crypto #TradingStrategy #BTCTrading #Binance #CryptoTrader #BitwiseFilesFinalNEARSpotETFProspectus