Signal Type : Long
Coin Name : $BTC
Currently, BTC is moving beautifully within an Ascending Channel an upward trend on the 4 hour timeframe. If you look closely, the price is consistently bouncing off the lower support trendline and creating higher highs.
The green box marked on the chart clearly indicates that the price is bouncing from the support and heading towards the upper resistance line of the channel. There is a strong possibility of an 8%+ upward move here. Additionally, the RSI (Relative Strength Index) is currently sitting at 51.49. This means the market is not yet in the "overbought" zone, leaving plenty of room for upward momentum.
ENTRY PRICE : $74,800 – $75,500
TP 1 : $77,500
TP 2 : $79,500
TP 3: $81,000
SL : $73,200 - $71,800
💡Once your trade hits TP 1, always move your Stop Loss (SL) to your entry price (Break-even). This makes your trade 100% risk-free! The crypto market is highly volatile, so proper Risk Management is your most important tool.
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