WepensTrading

If 120,800 holds on BTC, we could see a rally up to 145,000. If 120,800 fails, we should pullback to 117,400 before hitting all-time-highs

A bounce off the EMA50 on the BTC 4hr chart could coincide with a bounce of the rising support of the NEAR 4hr and daily cahrts Long NEAR - 2.861BTC hit resistance. Will either re-enter a long position lower, or on the other side of the resistance, at the same position size

A bounce off the 50EMA on the BTC 4hr chart could coincide with a bounce off the rising support on DRIFT, for a break above $1 Long entry - 0.786 SL - 0.7 TP - TBDBTC hit resistance. Will either re-enter a long position lower, or on the other side of the resistance, at the same position size

Pullback to 117,500 could be cut short with a bounce off the 50EMA on the 30mins Long Entry - 121,300 SL - 120,000 TP - 145,000BTC hit resistance. Will either re-enter a long position lower, or on the other side of the resistance, at the same position size.

A potential ABC correction is forming of the 30min chart, that will take BTC down to 117,400 from 123,200. The short entry also coincides with a minor support tuned resistance and SMA(200). Short Entry - 123,200 Target - 117,500 Stop - 124400Risk of BTC finding support on the EMA 50, on the 4hr.

BTC has broken the ascending channel and I expect a pullback to the next major support at 117,200 which is also the 50% retracement of the rally to ATH

Account Performance: 208% profit, since 12 September 2025. We are turning $10 into $10k through professional trading techniques. Previous TP from short position at 112,200. Switch to long position at 111,800 for the same position size. S/L - 111,300 Entry - 111,800 T/P - 117,200 Keep moving your SL up the ascending support. Remember, trading technique is more important than trade direction.

Excellent Risk/Reward 1:8 SL: 118100 Entry 117100 TP: 112200

Inverted H&S and Break Above a Descending Trend Line/Pennant on the 30min and 1hr charts