$BTC is holding a strong recovery structure on the 15m chart. I'm watching this setup after the sharp move from $68.9K to the $72.4K resistance zone, showing clear buyer strength.
Price is now consolidating near the highs instead of giving back the pump. This kind of sideways action can build momentum for another breakout if buyers continue defending support.
Trade Setup
Entry: $71,700
Stop Loss: $70,900
Targets:
Target 1: $72,500
Target 2: $73,500
Target 3: $74,800
Why it's possible
The market structure has shifted bullish after a strong impulse move. Buyers are absorbing selling pressure near the top range.
I'm looking for a clean break above resistance with volume confirmation. Risk stays controlled below the recent support area.
Let's go and trade now $BTC
#GrayscaleFilesToListZcashTrustOnNYSEArca #KOSPICloses5.9%HigherOnChipmakerBuybacks #CFTCSeeksInputOnComputeDerivatives #EliLillyRises5.3%ToRecordHigh
Price is now consolidating near the highs instead of giving back the pump. This kind of sideways action can build momentum for another breakout if buyers continue defending support.
Trade Setup
Entry: $71,700
Stop Loss: $70,900
Targets:
Target 1: $72,500
Target 2: $73,500
Target 3: $74,800
Why it's possible
The market structure has shifted bullish after a strong impulse move. Buyers are absorbing selling pressure near the top range.
I'm looking for a clean break above resistance with volume confirmation. Risk stays controlled below the recent support area.
Let's go and trade now $BTC
#GrayscaleFilesToListZcashTrustOnNYSEArca #KOSPICloses5.9%HigherOnChipmakerBuybacks #CFTCSeeksInputOnComputeDerivatives #EliLillyRises5.3%ToRecordHigh
