đš $BTC
Breakout Alert: Major Move Incoming? Key Levels to Watch!
Bitcoin is currently testing critical resistance at $68,500 after a strong recovery. The 4-hour chart shows a classic bullish continuation pattern, but momentum indicators suggest a brief cooling-off period before the next impulse.
âHere is the setup I am tracking for potential long/short opportunities:
âđ Key Technical Levels:
âMajor Resistance: $69,200 â $70,000 (Breakout zone)
âKey Support / Re-entry: $66,800 â $67,200 (0.382 Fib retracement)
âInvalidation Level: Below $65,500
âđŻ My Trade Setup:
âBias: Bullish above $67,000
âEntry Range: $67,000 â $67,500
âTake Profit Targets:
â$69,200
â$71,500
âStop Loss: $65,800
âWhatâs your plan? Are you buying the dip or waiting for a confirmed breakout above resistance? Let me know below! đ
Breakout Alert: Major Move Incoming? Key Levels to Watch!
Bitcoin is currently testing critical resistance at $68,500 after a strong recovery. The 4-hour chart shows a classic bullish continuation pattern, but momentum indicators suggest a brief cooling-off period before the next impulse.
âHere is the setup I am tracking for potential long/short opportunities:
âđ Key Technical Levels:
âMajor Resistance: $69,200 â $70,000 (Breakout zone)
âKey Support / Re-entry: $66,800 â $67,200 (0.382 Fib retracement)
âInvalidation Level: Below $65,500
âđŻ My Trade Setup:
âBias: Bullish above $67,000
âEntry Range: $67,000 â $67,500
âTake Profit Targets:
â$69,200
â$71,500
âStop Loss: $65,800
âWhatâs your plan? Are you buying the dip or waiting for a confirmed breakout above resistance? Let me know below! đ