BTCUSDT 30min Breakout Retest | Micro Wedge into Macro Confluenc

BTC 30m chart shows clean ascending wedge, followed by a bullish retest of prior resistance (now support ~107.4K). Price now consolidating just under diagonal resistance near 108.8K. EMAs are aligned bullish, volume surged during the breakout, and remains elevated—suggesting further upside potential.
🔄 Higher Timeframe Confluence
4H: Price pressing upper boundary of a rising wedge within a larger symmetrical pattern. Trendline pressure is real—either breakout above $109K or fade to $106.5K–$105K retest.
1D: Third touch on descending trendline from previous swing highs. Momentum building, and candles holding above EMAs. Breakout above $109.2K can trigger a move to $112K–114K (red expansion zone).
1W: Still inside a macro bull flag. Support from the 20 EMA is firm. Weekly close above ~$110K = confirmed flag breakout with target above $120K.
⚠️ Key Levels
Immediate Resistance: 108.8K → 109.2K → 110K
Support Zones: 107.4K → 106K → 104.5K
Bullish Targets: 110.8K → 113.5K → 114.8K
Invalidation (Short Bias Trigger): Break below 106K on volume
📌 Idea Summary
Micro breakout (30m) leading a potential macro breakout (4H/1D/W). Bulls control short-term trend. Eyes on volume follow-through above $109K. Rejection = potential revisit of 106K. Consolidation under resistance = breakout watch.
🔄 Higher Timeframe Confluence
4H: Price pressing upper boundary of a rising wedge within a larger symmetrical pattern. Trendline pressure is real—either breakout above $109K or fade to $106.5K–$105K retest.
1D: Third touch on descending trendline from previous swing highs. Momentum building, and candles holding above EMAs. Breakout above $109.2K can trigger a move to $112K–114K (red expansion zone).
1W: Still inside a macro bull flag. Support from the 20 EMA is firm. Weekly close above ~$110K = confirmed flag breakout with target above $120K.
⚠️ Key Levels
Immediate Resistance: 108.8K → 109.2K → 110K
Support Zones: 107.4K → 106K → 104.5K
Bullish Targets: 110.8K → 113.5K → 114.8K
Invalidation (Short Bias Trigger): Break below 106K on volume
📌 Idea Summary
Micro breakout (30m) leading a potential macro breakout (4H/1D/W). Bulls control short-term trend. Eyes on volume follow-through above $109K. Rejection = potential revisit of 106K. Consolidation under resistance = breakout watch.
A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
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A Haque
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
Founder | MyTradingJournal
📊 Financial Market Analyst | Trader | Educator
🐦 Twitter: @MyTradingJnl6th
📺 YouTube: @MyTradingJournal6th
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。