Trade Setup Analysis
- Timeframe: Daily (D1)
- Position Type: Long (Buy)
Entry Point: 118,530.49
Positioned immediately after a breakout from a descending triangle pattern, aiming to catch early bullish momentum.
Stop Loss (SL): 116,429.15
Placed below recent swing lows and under the lower trendline of the triangle. A break below this level would invalidate the bullish breakout thesis. Risk exposure is approximately -1.77% from entry.
Take Profit (TP): 124,868.05
Target set at a key resistance zone, offering a potential upside of around +5.30% from entry.
Risk/Reward Ratio: 2.99
A strong setup with nearly three times the reward compared to the risk, suitable for short-term swing trading.
Technical Outlook:
BTCUSDT has broken out of a descending triangle formation with a strong bullish candle, indicating possible continuation. The entry at 118,530 positions the trade close to the breakout point, maximizing profit potential if momentum holds.
Bullish Scenario: Sustained price action above 118,530 could lead to a rally toward the 124,868 target.
Bearish Invalidation: A breakdown below 116,429 would invalidate the bullish setup, potentially resuming the prior downtrend.
Summary:
This trade captures a breakout confirmation with a well-placed stop below structural support and a target aligned with the next resistance level. Monitoring for follow-through buying pressure is key to validating the trade.
- Timeframe: Daily (D1)
- Position Type: Long (Buy)
Entry Point: 118,530.49
Positioned immediately after a breakout from a descending triangle pattern, aiming to catch early bullish momentum.
Stop Loss (SL): 116,429.15
Placed below recent swing lows and under the lower trendline of the triangle. A break below this level would invalidate the bullish breakout thesis. Risk exposure is approximately -1.77% from entry.
Take Profit (TP): 124,868.05
Target set at a key resistance zone, offering a potential upside of around +5.30% from entry.
Risk/Reward Ratio: 2.99
A strong setup with nearly three times the reward compared to the risk, suitable for short-term swing trading.
Technical Outlook:
BTCUSDT has broken out of a descending triangle formation with a strong bullish candle, indicating possible continuation. The entry at 118,530 positions the trade close to the breakout point, maximizing profit potential if momentum holds.
Bullish Scenario: Sustained price action above 118,530 could lead to a rally toward the 124,868 target.
Bearish Invalidation: A breakdown below 116,429 would invalidate the bullish setup, potentially resuming the prior downtrend.
Summary:
This trade captures a breakout confirmation with a well-placed stop below structural support and a target aligned with the next resistance level. Monitoring for follow-through buying pressure is key to validating the trade.
Trade attivo
+3% (MOVE SL TO BREAKEVEN)Trade chiuso: obiettivo raggiunto
+5% Close Early
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.