#TrumpBitcoinEmpire $BTC
Left Shoulder: Formed in 2021
Head: Big drop in 2022
Right Shoulder: Formed in 2024
Neckline Breakout: Happened above ~$75,500
Now: Price is around $118,578, moving up strongly after breakout
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📌 Current Price Action:
BTC already broke neckline (resistance)
Now price is holding above it = strong bullish confirmation
Good place to enter long for a swing or long-term hold
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✅ Perfect Entry (Based on Chart):
Entry Now: ✅ $118,500 - $119,000 (current price range)
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❌ Stop Loss (SL):
SL: $75,500
(Below neckline support – if BTC goes below, the pattern is invalid)
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🎯 Take Profit Targets (TPs):
🎯 TP Target Price Why?
TP1 $160,000 Near psychological and fib level
TP2 $200,000 Round number & technical target
TP3 $273,000 Full pattern projection
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📈 Summary for Trade Setup:
Entry: $118,500 – $119,000
SL: $75,500
TP1: $160,000
TP2: $200,000
TP3: $273,000
Timeframe: Weekly (long-term position)
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🛡️ Risk Management Tip:
Use small leverage or spot trading for long-term hold.
Position sizing should keep risk under control if SL hits.