#BTC/USDT | Double Bottom — Neckline in Play at 110,250 💥
"Structure first. Breakout second. Profit last."
"Bullish structures don’t shout, they build."
Let’s build with them. 🔨📈
Bitcoin is currently forming a clean double bottom on the 4H chart, and is testing the neckline at 110,250 USDT (see chart 👇). This level has acted as clear resistance multiple times.
Until we see a confirmed 4H candle close above 110,300 with strong volume, the breakout is not validated — but momentum is building.
Pattern: Double Bottom (in progress — not yet confirmed)
👌 Neckline: 110,250 USDT (rejection zone tagged several times)
Breakout Zone: 110,300–110,600 (candle close + volume surge)
Measured Move Target: +7% to +9% from breakout
🎯 Targets (only if breakout is confirmed):
TP1 = 113,000 / TP2 = 117,800
TP3 = 121,000 (extension target)
❌ Invalidation:
Clean 4H candle close below 107,800 with volume = bearish invalidation
Would shift structure from bullish to neutral/range
Trading Plan (Not Financial Advice):
ENTRY: After confirmed 4H close above 110,300
STOP: Below 107,800
Key Reminder:
No confirmation = no trade. Let price lead. Let volume confirm.
Stay objective. Trade structure, not hope.
📌 #BTC #DoubleBottom #BreakoutSetup #BTCUSDT #CryptoTrading #BinanceSquare #BitcoinAnalysis #ChartPatterns #SmartMoney #TechnicalAnalysis