#BTCBreaksATH BTC /USDT New Breakout Targets
š Current Price l:
š Technical Snapshot (Current Moment):
Current Price: 113,574.84 USDT
24h High: 113,580 (price is testing it)
RSI (6): 85.76 ā Overbought, but strong momentum.
Volume Spike: Noticeable ā indicates institutional or whale involvement.
Bollinger Bands: Price is pushing the upper band ā volatility breakout.
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Entry Zone: 113560-113600
šÆ Your Target Zones:
Target Level (USDT) Status
TP1 113,700 Near ā almost hit
TP2 113,850 Mid-range resistance (logical target)
TP3 114,000+ Stretch goal; psychological barrier
115,541.43
+4.09%
Stop Loss: 113400
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š§ Interpretation:
This sharp move likely involves whale accumulation or a short squeeze:
The price consolidated around 108Kā110K before the breakout.
Big green candles + volume = large buyers stepping in.
No major rejection yet at the 113,580 resistance level.
If BTC closes above 113,600 on the 4H, it would confirm: ā Breakout
ā Momentum continuation
ā Potential to hit TP1 and move quickly to TP2/TP3 if volume sustains
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š Strategy Suggestions:
ā Hold if breakout candle closes strong above 113,600.
š Tight stop-loss below 113,300 (last support wick).
šµļø Watch volume and RSI ā a dip in volume with RSI staying high may hint at slowing momentum.
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š Whale Activity?
This candle behavior suggests whale momentum:
Sudden large green candle with high volume.
Break of previous resistance without gradual buildup = non-retail behavior.
For deeper whale tracking:
Check Whale Alert / Lookonchain for large BTC transfers.
Monitor exchange inflows (CryptoQuant / Glassnode) if available.
#BTCBreaksATH #ShariaEarn #TrendTradingStrategy #BinanceHODLerLA #SECETFApproval