🔍 Entry: Breakout Confirmation: $90,700 A breakout from the symmetrical triangle indicates strong momentum, suggesting a downward trend.
🛑 Stop Loss: Level: $92,563 Place your stop loss above the breakout point to minimize risk. 🎯 Take Profit: 1️⃣ TP1: $88,959 (First support zone) 2️⃣ TP2: $86,250 (Key demand level) 3️⃣ TP3: $83,505 (Strong historical support)
🧠 Analysis Overview: The symmetrical triangle pattern on the 1-hour BTCUSDT chart is a classic continuation pattern. With a confirmed breakout, this setup presents a great risk-to-reward ratio.
📉 Additional Notes: Increased volume during the breakout adds validity to this move. Monitor RSI for signs of overbought/oversold conditions. Price action near $88,959 will determine if the trend strengthens or consolidates. 🔗 "Stay ahead of the crypto market with AhmadArz!
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