Hello Traders! BTC has broken out above $118K–$120K after a strong uptrend. Now it’s pausing, and a short-term pullback looks likely. Instead of buying the top, we wait for the price to retest previous resistance (around $112K–$114K), which could turn into support.
MY PLAN:
Tip: Don’t chase. Be patient, follow the setup, and use proper risk management.
Please leave a comment and don't forget to support a fellow trader! Also, you can leave in the comments your target and plan ideas!
Have a great day y'all!
-Neo
MY PLAN:
- Wait for pullback to $112K–$114K zone.
- Look for a bullish candle (daily or 4H) to confirm entry.
- Target: $122K short-term or trail stop if trend continues.
- Stop loss: Below $108K to manage risk.
Tip: Don’t chase. Be patient, follow the setup, and use proper risk management.
Please leave a comment and don't forget to support a fellow trader! Also, you can leave in the comments your target and plan ideas!
Have a great day y'all!
-Neo
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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.
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.