WRITE TO EARN
Bitcoin is showing strong bullish momentum after consolidating near a critical resistance zone. The price has been forming higher lows, indicating sustained buying interest. A clean breakout above the current resistance zone could trigger a strong upward continuation pattern.
Entry (Long): On confirmed breakout above resistance
Targets (TP): 1. TP1 – Minor resistance zone
TP2 – Next major resistance
TP3 – Extended target near upper trendline
Stop Loss (SL): Below recent swing low to manage downside risk
Technical Outlook: Bullish momentum supported by increasing volume and positive RSI divergence. Moving averages are aligning for potential upside continuation.
Risk Management: Risk 1–2% per trade, move SL to breakeven after TP1 hit, and avoid over-leveraging.
#TechnicalAnalysis #CryptoTrading #BTCAnalysis #ChartPattern #RiskManagement

