raykolevo

use stop loss 🛑 this is your airbag in life when you trade live

are you intra day trader Fatima

Hey Traders

BTC is still stuck inside the same consolidation box we've been tracking, but on the 1H chart, a potential double top has formed near the upper half of the range. Two clear highs, now pulling back toward support.

But as always, the pattern isn't tradable until the price action lines up.

Here's what we're seeing now:

The neckline around 118,249 has been broken

But price initially dipped with a wick and stalled, which alone isn't enough

. What matters is a full candle close below the wick, not just a momentary spike

. Your entry zone sits just below the wick low, which helps confirm that sellers are truly in control and not just triggering stops

This kind of conservative entry helps filter out fakeouts and gives a cleaner structure to manage risk.

Target: The next logical downside level is the previous day's low, around 117,550, a major liquidity zone and the natural completion point for this pattern.

This is a great example of how to combine pattern recognition with confirmation logic.

The double top gives us context, but the entry comes only after structure confirms it, not before. #bitcoin $BTC $BNB $ETH #crypto

What's Happening

BTC has finally closed below the consolidation box, breaking through both the box floor and the previous day's low at $117,119.

Today's candle opened strong but dumped sharply, printing a full-body close near $115K the previous wick level. BTC has now:

. Failed to break out above the previous day's highs multiple times

. Rejected the box floor and followed through with a breakdown

. Closed the candle below both the box and PDL

That's sequence completion for a bearish breakout, one of the highest-probability moves in structure-based trading. But here's the balance

We're still early in the move. No real retest yet. No expansion to the next zone.

What to Watch Next

Does price retest and fail to reclaim 117,119? That confirms continuation

Does price reverse and reclaim the box?

That would trap shorts and invalidate the move

X

Should a retest of the take place (look for this on lower timeframes) the short target will be the previous consolidation around $110,5K.

This is not the time to chase.

It's time observe and prepare: Does it expand or snap back?

But here's the balance?

We're still early in the move. No real retest yet.

No expansion to the next zone.

#Bitcoin $BTC $BNB

#2024withBinance 1689 days together. Live long #Binance 👏🎅 Happy Holly days and happy new year 🎊🥳🎊 I wish everyone a healthy and profitable year.

#HalvingHorizons #Write2Earn $BTC $BNB $ETH #HotTrends Predict the price of BTC at 20th April..

Hello friends. This is a monthly Bitcoin chart. We have strong resistance like you seen in picture. First we need to break ATH and need to stay and keep minimum 2 days, to make this big resistance to support. MACD gives to us strong signals also.. Congratulations to all Hodl'ers and who to survive to thise days in this market 🙏 This is the beginning after ETF'S approved and I'm waiting for SEC in April to cut interest rates after Halving. On 32k we was in middle support, so we break this zone with huge monthly candles.#BTC #TrendingTopic $BTC $ETH $BNB In my calculations from 0 to 32k =Half 50% and from 32k to 64k more 50% = 100% We are done for now. In total and we was hitting 64k so need to be little careful.. Happy trading everyone

#Bitcoin this is 1M chart. Fibonacci lvl 38% is in around 44k: We are in 44k, have strong resistance in 48k more than 3 Month'lys candles you guys can check it yourself. So my idea personally if we can't break 48,49k easyly, if got rejected from thise prices, I have bad new's for you.. Fibo 78%lvl is around 17,18k and we can rug pull to thise prices,so be careful. I have good new's also guy's relax 😄 and thise one is I wanna you look at the MACD this in monthly chart and we are above 0 line and MA crosses up both signal and macd lines is in up trend, and maybe this is begining we have to go in strong trend. So what is your strategy guys. Use stop-loss this is very important. My idea 💡 is we can hit 48k maybe and back to 35k maybe just one big spike only I'm not sure. But this is not the signal when I wait. Look volume is,a little bit low'ly isn't strong volume need to be a more stringer I think. Have a nice days and happy trades, holydays and new year also. #BinanceTournament #tia #Memecoins #ORDI

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