$BTC 4H: range support reclaim targets the upper boundary
Price rejected the lower range and reclaimed the prior consolidation. Holding above reclaimed support confirms the paper setup, while a breakdown below the rejection zone invalidates it.
Paper trade, 4H long:
→ entry $83,430.00
→ target $86,850.00 (R:R 2.0)
→ invalidation $81,750.00
Can buyers sustain this range reclaim?
#TechnicalAnalysis #PaperTrading
My opinion only. Do your own research (DYOR).
Price rejected the lower range and reclaimed the prior consolidation. Holding above reclaimed support confirms the paper setup, while a breakdown below the rejection zone invalidates it.
Paper trade, 4H long:
→ entry $83,430.00
→ target $86,850.00 (R:R 2.0)
→ invalidation $81,750.00
Can buyers sustain this range reclaim?
#TechnicalAnalysis #PaperTrading
My opinion only. Do your own research (DYOR).