🚨 $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.
Here is the setup I am tracking for potential long/short opportunities:
📊 Key Technical Levels:
Major Resistance: $69,200 – $70,000 (Breakout zone)
Key Support / Re-entry: $66,800 – $67,200 (0.382 Fib retracement)
Invalidation Level: Below $65,500
🎯 My Trade Setup:
Bias: Bullish above $67,000
Entry Range: $67,000 – $67,500
Take Profit Targets:
$69,200
$71,500
Stop Loss: $65,800
What’s your plan? Are you buying the dip or waiting for a confirmed breakout above resistance? Let me know below! 👇
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.
Here is the setup I am tracking for potential long/short opportunities:
📊 Key Technical Levels:
Major Resistance: $69,200 – $70,000 (Breakout zone)
Key Support / Re-entry: $66,800 – $67,200 (0.382 Fib retracement)
Invalidation Level: Below $65,500
🎯 My Trade Setup:
Bias: Bullish above $67,000
Entry Range: $67,000 – $67,500
Take Profit Targets:
$69,200
$71,500
Stop Loss: $65,800
What’s your plan? Are you buying the dip or waiting for a confirmed breakout above resistance? Let me know below! 👇