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BTC price action near a breakout scenario
- Translate the input content to English.
- Assess the current chart setup and identify key breakout/retest dynamics.
- Align the view with an appropriate pre-approved trading signal from the list.
- Offer a concise, actionable recommendation with risk considerations.
- Record the chosen signal ID and provide a brief rationale.
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Analysis
The user indicates BTC could target 114.8k if the price breaks the trend; a retest is likely at minimum. The plan is to wait for a break to be confirmed by a candle close beyond the breakout level, th...
Recommendation
- Wait for a decisive close beyond the breakout level to confirm momentum. - If the candle closes bullishly and sustains above the breakout, consider a long entry with a defined stop below the breakou...
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.