Bitcoin 4-Hour Analysis - March 26
Price is trading inside an ascending channel. After getting rejected at the channel's top, it found support at the mid-channel line and is now pushing back up toward resistance - showing buyer strength.
Key Points:
Long trigger: Break above channel resistance at $88,497
Rising volume confirms momentum
RSI entering overbought zone acts as secondary confirmation
My Approach:
Take breakout signals on the 15-minute chart
Place stop-loss below nearest swing low (15M timeframe)
Final Reminder:
Maintain strict risk management and stick to your trading plan.
Price is trading inside an ascending channel. After getting rejected at the channel's top, it found support at the mid-channel line and is now pushing back up toward resistance - showing buyer strength.
Key Points:
Long trigger: Break above channel resistance at $88,497
Rising volume confirms momentum
RSI entering overbought zone acts as secondary confirmation
My Approach:
Take breakout signals on the 15-minute chart
Place stop-loss below nearest swing low (15M timeframe)
Final Reminder:
Maintain strict risk management and stick to your trading plan.
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