šØ Trading Signal Alert šØ
š Coin Pair: [BTC/USDT]
ā° Time Frame: 4-hour Chart
Overview:
BTC has been forming a Bullish Pennant pattern, indicating potential continuation of the recent upward momentum. The price is currently consolidating, with resistance tightening around key trendlines.
Current Price: $45,800
Entry Point (Buy):
Ideal Entry 1: $46,200 (upon breakout confirmation)
Ideal Entry 2: $45,500 (after retest and bounce)
Resistance Levels:
$46,800
$47,500
Support Levels:
$45,000
$44,300
Take Profit Targets:
1. $46,800
2. $47,500
3. $48,200
Stop Loss: $44,700
ā ļø Caution:
Wait for a clear breakout with strong volume or candlestick confirmation (e.g., hammer or bullish engulfing) before entering.
Hashtags:
#CryptoTrading #BTCNextMove #TradingPatterns #BullishPennant #BTC