$BTC ๐ Long (Buy) Trade Signal:
๐ Entry Point: Buy if Bitcoin breaks above 109,312 USD (the upper yellow line of the ascending triangle) with strong volume ๐.
๐ฏ Target Price: Look for a move towards the next resistance levels at 106,296 USD and 109,312 USD ๐.
๐ซ Stop-Loss: Place a stop-loss below 88,839 USD or the lower trendline of the triangle ๐.
Trade Setup:
๐ต Buy above 109,312 USD.
๐ฏ Target 106,296 USD and 109,312 USD.
๐ซ Stop-Loss below 88,839 USD or lower trendline.
โก Short (Sell) Trade Signal:
๐ Entry Point: Sell if Bitcoin fails at 109,312 USD and starts rejecting ๐, or if it drops below 88,839 USD (key support).
๐ฏ Target Price: Target the next support level at 76,642 USD ๐.
๐ซ Stop-Loss: Place a stop-loss above 109,312 USD or the upper trendline โ.
Trade Setup:
๐ธ Sell if price fails at 109,312 USD or drops below 88,839 USD.
๐ฏ Target 76,642 USD.
๐ซ Stop-Loss above 109,312 USD or the upper trendline.
Conclusion:
๐ Bullish Breakout: Consider buying if the price breaks 109,312 USD with strong momentum.
โก Bearish Breakdown: Consider selling if the price fails at 109,312 USD or falls below 88,839 USD.
๐ Always adjust stop-losses based on your risk tolerance! ๐
#BTC #freesignl