Angelita Letcher lMwz
0 Following
7 Followers
6 Liked
0 Shared
Posts
$BTC / USDT
Price: $106,629.02
Change: +1.55%
Strong Bullish Momentum – $110K Breakout on the Horizon?
Bitcoin ($BTC ) is currently trading near $107,800, showing sustained bullish momentum. Backed by a solid 24h volume of $2.42B, BTC has decisively broken out of mid-range consolidation and is now eyeing higher resistance levels. A continued uptrend seems likely as long as price holds above $105.8K. $BTC
---
Technical Snapshot
Trend: Strongly Bullish
Indicators:
EMA (20/50 4H): Bullish crossover
MACD: Positive histogram & upward crossover
RSI: 66 (bullish, but approaching overbought)
Volume: Increasing – confirms strength in move
Structure: Higher highs & higher lows since the $104K rebound
---
Trade Plan
Buy Zone: $107,200 – $107,900
Targets:
🎯 Target 1: $109,500 – Immediate resistance zone
🎯 Target 2: $111,300 – Psychological round number + Fib extension
🎯 Target 3: $113,800 – Major resistance and breakout potential
Stop Loss: $105,800 (just below recent 4H swing low and EMA-50)
---
Key Levels to Watch
Support: $104,200 / $105,800
Resistance: $109,000 / $111,300
Pivot Zone: $107,100 – Critical level for trend validation
---
Pro Tips:
Once Target 1 is hit, move SL to entry to lock in profits.
Book partial profits at each level to manage risk.
A consolidation above $109.5K could fuel stronger breakout momentum — watch for volume surges to confirm continuation.
---
#BTC110kcoming #CryptoBreakout #MerlinTradingCompetition #BinanceAlphaAlert #GENIUSAct
Price: $106,629.02
Change: +1.55%
Strong Bullish Momentum – $110K Breakout on the Horizon?
Bitcoin ($BTC ) is currently trading near $107,800, showing sustained bullish momentum. Backed by a solid 24h volume of $2.42B, BTC has decisively broken out of mid-range consolidation and is now eyeing higher resistance levels. A continued uptrend seems likely as long as price holds above $105.8K. $BTC
---
Technical Snapshot
Trend: Strongly Bullish
Indicators:
EMA (20/50 4H): Bullish crossover
MACD: Positive histogram & upward crossover
RSI: 66 (bullish, but approaching overbought)
Volume: Increasing – confirms strength in move
Structure: Higher highs & higher lows since the $104K rebound
---
Trade Plan
Buy Zone: $107,200 – $107,900
Targets:
🎯 Target 1: $109,500 – Immediate resistance zone
🎯 Target 2: $111,300 – Psychological round number + Fib extension
🎯 Target 3: $113,800 – Major resistance and breakout potential
Stop Loss: $105,800 (just below recent 4H swing low and EMA-50)
---
Key Levels to Watch
Support: $104,200 / $105,800
Resistance: $109,000 / $111,300
Pivot Zone: $107,100 – Critical level for trend validation
---
Pro Tips:
Once Target 1 is hit, move SL to entry to lock in profits.
Book partial profits at each level to manage risk.
A consolidation above $109.5K could fuel stronger breakout momentum — watch for volume surges to confirm continuation.
---
#BTC110kcoming #CryptoBreakout #MerlinTradingCompetition #BinanceAlphaAlert #GENIUSAct
Login to explore more contents