š $BTC Analysis Current Context: Price: ~91,742 USDT Pattern: Symmetrical Triangle (Consolidation). The price is compressing between the descending resistance (A-C) and ascending support (B-D).
Momentum: The price is currently testing the upper breakout line. A successful breach usually triggers a strong volatility expansion.
RSI: Neutral (~58). The RSI trendline shows compression similar to price, indicating energy is building up for a big move.
š Trading Plan Direction: š Long (Bullish) Setup: Triangle Breakout š
Entry Strategy ā” Aggressive: Current Market Price (91,742) ( anticipating the breakout). ā Safe: > 93,500 (Wait for a 4H candle close above the upper trendline/Point C). Risk Management
š Stop Loss: 87,500 (Below the lower trendline/Point B support).