BTC Price Analysis!!!
Coin Name: #BTC
Position: LONG🟩
I can see on this chart outlines a potential Bitcoin trading setup. 📉 The price has broken down from an ascending channel (blue box) 🚀, indicating a likely bearish move toward two green entry zones 🟩 at the bottom. These zones highlight potential buy areas, with the first zone aligning with a key trendline support ⚠️ and the second offering deeper-value opportunities 🔽.The yellow line 📏 visually maps out the expected path: a drop, followed by a bounce, and then a steady climb toward the upper trendline resistance 📈.This setup leverages trendline support, breakout patterns, and strategic take-profit zones for risk management 🔑. However, as the crypto market is highly volatile, 🚨 this is purely my personal analysis. If you’re considering this trade, ensure you conduct your own research 📚 and evaluate your risk tolerance before proceeding. Stay informed and trade responsibly! 🤝✨
📥ENTRY PRICE:
1st part buying $79,500-$76,000
2nd part buying $70,000-$68,000
🎯Targets:
🥇1st TP $109,850.69
🥈2nd TP $126,207.30
🥉3rd TP $145,917.10
📌 Special Note:
🔥Spot Call🔥
⚠️ Use only 1% of your portfolio 💼 to manage risks effectively. Avoid high leverage 🚫 and proceed cautiously to mitigate potential losses 📉. Always prioritize risk management and use the DCA method ✅.
$BTC
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