Here’s a BTC/USDT 4H timeframe trade setup based on the current consolidation range (₹113,500 – ₹120,500):
🔽 BEARISH TRADE SETUP (Breakdown Strategy)
▶️ Entry (Short):
Below ₹113,300 (after 4H candle close)
🎯 Targets:
TP1: ₹110,100
TP2: ₹107,500
TP3: ₹106,000 (strong support)
❌ Stop Loss:
₹115,200 (above breakdown candle)
🔼 BULLISH TRADE SETUP (Breakout Strategy)
▶️ Entry (Long):
Above ₹120,800 (after 4H candle close)
🎯 Targets:
TP1: ₹123,200 (recent top)
TP2: ₹124,500
TP3: ₹126,000 (extension)
❌ Stop Loss:
₹118,900 (below breakout candle or previous low)
🟡 RANGE TRADE (Until breakout)
If BTC stays inside the range (₹113,500 – ₹120,500):
▶️ Entry (Buy):
Near ₹113,800 (support zone)
🎯 Target:
₹119,800 – ₹120,500
❌ SL:₹112,800