BTCUSD | 15-Min Chart Setup

Jul 21

Bitcoin has successfully broken out of the ascending triangle pattern after consolidating near the resistance zone around $118,800. This pattern generally indicates bullish continuation, and today’s breakout confirms the strength of buyers at this level.

🔹 Pattern: Ascending Triangle
🔹 Entry: Around $118,887 (post-breakout)
🔹 Stop-Loss: Below $118,000
🔹 Target: $119,700+ (based on measured move of the triangle)

Price action is showing a retest of the breakout zone, which could act as a solid support base for the next leg up. If this level holds, BTC could rally further in the short term.

Jul 22

Trade active

Almost reached