Bitcoin Breakout Alert : Ascending Wedge Strategy Explained!
2024-12-26
Category: None

Hi Traders !, I bring you an exciting analysis of Bitcoin on the 1-hour timeframe. We’re looking at a potential breakout from an ascending wedge, which could give us an excellent opportunity to go long. 🚀

The VIP Scalping Oscillator is showing positive momentum with green, as indicated by the green bars.
The RSI is around 60, signaling strength in the trend.

Trade Values:
Entry Price: 99,032.95 USDT 
Take Profit (TP): 102,314.81 USDT
Stop Loss (SL): 95,866.63 USDT

Risk/Reward Ratio (R:R): This trade offers a favorable ratio, allowing me to seek a strong return while keeping the risk under control with a well-placed Stop Loss.

⚠️Disclaimer:
This video is for educational and informational purposes only and does not constitute financial advice. Trading and investing in cryptocurrencies involve significant risk and may not be suitable for all investors. Always conduct your own research and consult with a licensed financial advisor before making any trading or investment decisions. Trade responsibly!