BB bullish breakout: strong buy on BTC/Bb pair with short-mid term upside
BB looks bullish on the 4H chart against USDT. The price has broken out of the cup-and-handle pattern and cleared nearby resistance, suggesting potential upside into the short to mid term.
Entry range around 0.14920 to 0.144 indicates a setup aiming for quick profits as momentum remains positive. The plan includes multiple upside targets at 0.153, 0.156, 0.160, 0.164, 0.169, and 0.175, with a stop at 0.140 to manage risk.
While the chart is favorable, the move should be watched for pullbacks or consolidations that could test the breakout level. Volatility on the BB/USDT pair can trigger rapid shifts; maintain discipline on entries and exits.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.