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Btcbreakout

BTCUSD SHOWING A GOOD D UP MOVE WITH 1:10RISK REWARDBTCUSD SHOWING A GOOD D UP MOVE WITH 1:20RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
CRYPTO:BTCUSDLong
by tradergyan01
Bitcoin Near Resistance Zone Bitcoin Multi Pattern Breakout Analysis Currently, BTCUSDT is at $24833 Bitcoin ( BTC ) . In an hourly time frame Bitcoin was observed in an Rounding Pattern Structure . It seems bitcoin has created a strong base structure for bull move. Rounding Bottom : A rounding bottom, a chart pattern used in technical analysis and identified by a series of price movements that graphically form the shape of a “U”. Rounding bottoms, found at the end of extended downward trends and signify a reversal in long-term price movements. More so, a rounding bottom chart can be divided into several main areas. First, the prior trend shows the buildup to the stock’s initial descent toward its low. The rounding bottom breaks out of its low point when the stock price closes above the price immediately prior to the start of the initial decline We can observe fake break movement towards the decline and then the BTC price picked up quickly. . This shows that the institution is committed to improving the liquidity of the assets. Closing Above $25,000 is route for $27,000 to $28,000. Happy Trading!!!!!
Long
by TheNewsCrypto
Bitcoin Ready for "Breakout" Since June 18, 2022, BTC trades in a higher high, higher low structure. In the recent trend we can observe that BTC has been forming Ascending Triangle Structure. The above chart of BTCUSDT laid out the ascending triangle pattern. The ascending triangle is a characteristic pattern of an ongoing bullish trend. This triangle is formed by a horizontal upper trendline that connects the highs and a lower trendline that connects the rising lows. If the current price action breaches the resistance level of $24700, BTCUSDT will enter a bullish trajectory to reach its target at $28200. Currently, BTCUSDT is at $23840. If the pattern continues, the price of BTCUSDT might reach the resistance level of $28200 If the trend reverses, then the price of BTCUSDT may fall to $22400 Short Note : Breakout Level : $24700 Target : $28200 Stop Loss : $22400 Happy Trading
Long
by TheNewsCrypto