📈 **Bitcoin (BTC/USD) 1H Chart Analysis — June 28, 2025**
🔍 **Pattern Identified: Bullish Flag Breakout**
🧠 **1. Market Context**
* This is the **1-hour chart** of **BTC/USD** on Binance.
* Price recently formed a **bullish flag pattern**, which is a **continuation pattern** signaling a potential breakout in the **direction of the previous trend (upward)**.
🔧 **2. Technical Breakdown**
🔹 **Trend Before the Flag**
* Price had a strong **impulsive move up** from \~105,000 to \~107,800.
* That was followed by a **consolidation phase** forming a downward sloping **channel** (blue parallel lines), creating the **flag**.
🔹 **Flag Channel**
* Price oscillated inside this flag for nearly 2 days (June 26–28).
* The **channel** is clearly defined, and price **respected both upper and lower bounds** during the consolidation.
🚀 **3. Breakout Confirmation**
* Price has now **broken out of the upper boundary** of the flag.
* A clean **break and candle close** above the trendline suggests **bullish momentum** is returning.
* This breakout is occurring around the **107,400–107,800** zone, which is also a **key structure level** acting as local resistance.
---
🎯 **4. Trade Setup**
✅ **Entry:**
* Around **107,400–107,800**, post-confirmation of the breakout.
❌ **Stop-Loss (SL):**
* Placed just below the **flag support / demand zone**, around **106,800**.
* This protects against a fake breakout or pullback into the flag.
🎯 **Target (TP):**
* Projected at **110,000**, which is aligned with the height of the initial flagpole projected from the breakout point.
* This also represents a psychological round number and a previous resistance level.
---
📊 **Risk-Reward Ratio (RRR)**
* **RRR = \~3:1**
* For every \$1 risked, the potential reward is \$3 — **excellent reward structure**.
---
📌 **Key Insights for the Traders**
* This is a **classic bullish flag breakout** play—very reliable in trending markets.
* **Volume confirmation** (not shown in chart but should be checked live) is important — higher volume during breakout gives stronger conviction.
* Watch for a possible **retest of the breakout level** (around 107,800) before the next move up.
🔍 **Pattern Identified: Bullish Flag Breakout**
🧠 **1. Market Context**
* This is the **1-hour chart** of **BTC/USD** on Binance.
* Price recently formed a **bullish flag pattern**, which is a **continuation pattern** signaling a potential breakout in the **direction of the previous trend (upward)**.
🔧 **2. Technical Breakdown**
🔹 **Trend Before the Flag**
* Price had a strong **impulsive move up** from \~105,000 to \~107,800.
* That was followed by a **consolidation phase** forming a downward sloping **channel** (blue parallel lines), creating the **flag**.
🔹 **Flag Channel**
* Price oscillated inside this flag for nearly 2 days (June 26–28).
* The **channel** is clearly defined, and price **respected both upper and lower bounds** during the consolidation.
🚀 **3. Breakout Confirmation**
* Price has now **broken out of the upper boundary** of the flag.
* A clean **break and candle close** above the trendline suggests **bullish momentum** is returning.
* This breakout is occurring around the **107,400–107,800** zone, which is also a **key structure level** acting as local resistance.
---
🎯 **4. Trade Setup**
✅ **Entry:**
* Around **107,400–107,800**, post-confirmation of the breakout.
❌ **Stop-Loss (SL):**
* Placed just below the **flag support / demand zone**, around **106,800**.
* This protects against a fake breakout or pullback into the flag.
🎯 **Target (TP):**
* Projected at **110,000**, which is aligned with the height of the initial flagpole projected from the breakout point.
* This also represents a psychological round number and a previous resistance level.
---
📊 **Risk-Reward Ratio (RRR)**
* **RRR = \~3:1**
* For every \$1 risked, the potential reward is \$3 — **excellent reward structure**.
---
📌 **Key Insights for the Traders**
* This is a **classic bullish flag breakout** play—very reliable in trending markets.
* **Volume confirmation** (not shown in chart but should be checked live) is important — higher volume during breakout gives stronger conviction.
* Watch for a possible **retest of the breakout level** (around 107,800) before the next move up.
Certified Market Technician
WA: +33755531401
marketinvestopedia.com/
WA: +33755531401
marketinvestopedia.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Certified Market Technician
WA: +33755531401
marketinvestopedia.com/
WA: +33755531401
marketinvestopedia.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.