BTCUSD has officially broken out of a bullish wedge pattern on the 1H chart. This move confirms a reversal from the major support zone at $115,200, where price formed a W-structure and bounced sharply.
The breakout is supported by strong volume, indicating real buyer interest — not a fakeout. Price closed above the trendline, signaling momentum shift to the upside.
Why This Setup Matters:
✅ Bullish wedge breakout = powerful continuation
✅ Key support held cleanly at $115,200
✅ W-bottom before breakout = confirmation
✅ Volume surged on breakout = smart money entry
✅ Next major resistance zone lies at $125,500
Trade Strategy:
🔹 Hold if already in the trade.
🔹 Look to add positions if price retests $118,000–119,000 zone.
🔹 Target: $125,500
🔹 Keep stop-losses below wedge zone for safety.
This breakout is part of a larger accumulation-to-expansion phase. Stay patient, follow structure, and let price play out.
Like, comment, share & follow for more professional trade updates.
The breakout is supported by strong volume, indicating real buyer interest — not a fakeout. Price closed above the trendline, signaling momentum shift to the upside.
Why This Setup Matters:
✅ Bullish wedge breakout = powerful continuation
✅ Key support held cleanly at $115,200
✅ W-bottom before breakout = confirmation
✅ Volume surged on breakout = smart money entry
✅ Next major resistance zone lies at $125,500
Trade Strategy:
🔹 Hold if already in the trade.
🔹 Look to add positions if price retests $118,000–119,000 zone.
🔹 Target: $125,500
🔹 Keep stop-losses below wedge zone for safety.
This breakout is part of a larger accumulation-to-expansion phase. Stay patient, follow structure, and let price play out.
Like, comment, share & follow for more professional trade updates.
Trade active
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t.me/JosProTrader
t.me/JosProTrader
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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.
💲𝗙𝗢𝗥𝗘𝗫 < 𝗚𝗢𝗟𝗗 > ₿ 𝗕𝗧𝗖 || Real Trades, Real Results 🧿 || 🚨 VIP Signals {My Personal Entries} 🔗Join Telegram – Trade smarter
t.me/JosProTrader
t.me/JosProTrader
Related publications
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.