$BTC Hits New Records! Strategic entry, TP, and Stoploss Zones: Don't Pipe up on these.
Traded around all time highs of 86,991.73. The trend is that of a rising wedge/parallel channel, with the possibility of either breakout or correction.
Trend and volume in 24H are positive, though, there is a risk of drawback.
Short Position: On a breakdown below 86,000.
TP1: 85,000
TP2: 83,000
TP3: 81,200
Stoploss: 88,000
Support: 86,000, 84,200
Resistance: 87,500, 89,100
Trade Setup Long Position: Open above 87500 on a break out.