2) Must Shift Stop Loss To No Loss No Profit After Hitting TP 1.
3) Liquidation Price Must Be Far, Always Make Sure That Your Liquidation Price Is More Than Your Stop Loss Price, If Not You Need To Use Low Leverage Like 3X - 5X - 10X.
4) Use Only Upto 5% Of Total Fund At Every Call.Put Only That Amount Which You Can Afford Even If It Losses.
5) ❗Always take profit Tp 1 40% close and hold remaining with Stoploss at entry Tp 2 close 20% here sl at tp1 Tp 3 close 20% here sl at tp 2 Tp 4 close 20% here sl at tp 3
6) Once Target Hit, Trade Is Expired, You Should Not Enter After Target Getting Hit.
7) Iam Not A Financial Advisor, Do Your Own Research Before Investing.
Bitcoin recently broke out of a falling wedge. The initial retest failed, pushing price back to trendline support, where BTC found demand and broke out of the pattern again.
This keeps the market structure constructive, with no strong bearish signals at the moment. If the breakout sustains and the retest holds, a move of approximately 10% remains possible.
This setup is valid only while the breakout is maintained.
Bitcoin is currently trading within a falling wedge pattern on the 4-hour timeframe. This structure is generally considered a bullish reversal pattern.
A confirmed breakout above the wedge resistance could lead to a strong upward move. However, a breakdown below the wedge support would invalidate the setup and may signal further downside.
Bitcoin Has Broken Down From The Ascending Triangle Pattern And Is Currently Trading Above An Important Horizontal Demand Zone. A Bounce Back From This Demand Zone Is Possible.✅
However, If It Breaks Through The Horizontal Support, Be Prepared For A Drop To The $81k - $82k Area.🕯
Bitcoin Once Again Rejected From The Horizontal Resistance Of The Ascending Triangle And Is Currently Trading Above The Trendline Support, Where We Have Seen Several Bounces, Indicating That It Is A Strong Support Level.✅
However, It Has Also Faced Multiple Rejections At The Same Resistance Level. We Need To Wait For A Breakout Or Breakdown To Determine Bitcoin's Next Direction.👍
As I Mentioned In My Last Few Updates, I'm Bullish On $BTC . While Other Channel Admins Predicted A Dump to $75k,🤣 We Instead Broke Out Falling Wedge Pattern, Resulting In A 3-4% Pump, Which Aligns With My Anylysis.😎
Right Now, $BTC Appears Bullish As It's Breaking Out Of The Falling Wedge On The Daily Chart. I Don't Anticipate An All-Time High Reversal But Rather A Recovery To Upper Liquidity Levels.🚀
Stay Tuned🔔, This Week Is Going To Be Most Important For Us✅.