📌 Bitcoin Breakout from Triangle + Orderblock Retest 🚀
Bitcoin on the 30-min chart has just broken out of a triangle pattern.
The orderblock zone is acting as a strong demand area.
Price has retested this zone successfully and bounced.
If momentum continues, we may see upside targets toward 116,500+.
🔑 Key Points:
Triangle breakout confirmed 📈
Orderblock support holding strong 💪
Risk is defined below the orderblock zone
📊 Trade Idea:
Entry: On retest of the orderblock zone
Target: 116,500
Stoploss: Below 112,000
⚠️ This is for educational purposes only. Do your own analysis before trading.
Bitcoin on the 30-min chart has just broken out of a triangle pattern.
The orderblock zone is acting as a strong demand area.
Price has retested this zone successfully and bounced.
If momentum continues, we may see upside targets toward 116,500+.
🔑 Key Points:
Triangle breakout confirmed 📈
Orderblock support holding strong 💪
Risk is defined below the orderblock zone
📊 Trade Idea:
Entry: On retest of the orderblock zone
Target: 116,500
Stoploss: Below 112,000
⚠️ This is for educational purposes only. Do your own analysis before trading.
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.