$BTC 4H: watching for a range high breakout and retest
Price is pressing the 10-day range high after a steady run of higher closes. A clean breakout and successful retest confirm the paper long idea; a close back inside the prior range invalidates it.
Paper trade, 4H long:
→ entry $84,920.00
→ target $86,280.00 (R:R 2.1)
→ invalidation $84,280.00
#TechnicalAnalysis #PaperTrading
My view, not a recommendation. DYOR.
Price is pressing the 10-day range high after a steady run of higher closes. A clean breakout and successful retest confirm the paper long idea; a close back inside the prior range invalidates it.
Paper trade, 4H long:
→ entry $84,920.00
→ target $86,280.00 (R:R 2.1)
→ invalidation $84,280.00
#TechnicalAnalysis #PaperTrading
My view, not a recommendation. DYOR.