Signal Alert:
Signal type
Long 📈
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🔍 Chart Analysis:
BTC has formed a Bull Flag in the 1D timeframe, a strong bullish pattern. Despite a recent fake dump during a retest, it swiftly returned within the triangle, indicating potential for a genuine breakout.
📉 Recent Dip Analysis:
The recent dump was likely a strategy to liquidate long positions. With BTC now closed securely inside the triangle, concerns for long positions have diminished.
⏰ Timeframe Consideration:
This signal is based on a higher timeframe, which tends to have a higher accuracy rate. Patience is key as it might take some time for this setup to unfold.
🚀 Future Outlook:
Anticipating a breakout soon, especially with the potential catalyst of an ETF approval. This presents an opportunity for a significant pump.
📈 Entry Strategy:
Enter post-breakout to ensure confirmation of the upward movement.
🎯 Target Prices:
1: 44,000
2: 45,000
3: 47,000
4: 51,000
Leverage 10x Cross
Use Less margin about 3-5 percent
Spot Holder can hold this gem Coin.