#CryptoCharts101

đŸ”„ Nice call on the BTC breakout! That trade hit clean and fast — classic momentum setup.

Let’s break it down technically and strategically for traders who want to understand why this long trade worked and how to play the next move:

🔍 Trade Recap:

Entry Zone: 106,000 – 106,300 ✅

Target: 108,500 🎯 (almost there or hit, depending on exchange)

Stop Loss: 104,800 (well protected)

Breakout Level Crossed: 107,800 (major trigger point)

📊 Bullish Confirmation Factors:

✅ Bounce from 105,318 = higher low confirmed

✅ Back-to-back 30-min green candles = intraday bullish momentum

✅ Rising volume = strong confirmation, not a fakeout

✅ Price holding above 106,800 = key to sustain the trend

🔼 What’s Next?

If BTC closes a strong 1H or 4H candle above 108,200, the next resistance may sit around 109,500–110,000.

A retrace to 106,800–107,200 could offer a re-entry opportunity if support holds and volume stays elevated.

Watch the RSI and OBV — overextension could bring a short-term cool-off, especially with large positions (like the $183M whale) in play.

🧠 Pro Tip:

Trail stops to lock in profit: Consider adjusting your stop-loss to just below 107,000.

Partial take-profit at or near 108,500 ensures you bank gains while staying exposed to further upside.

#BinanceSquareTalks #BTC110KSoon? #Move2Earn $BTC

BTC
BTC
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