Bitcoin Has No Clear Trend — Trade the Breakout, Not Your Bias for BINANCE:BTCUSDT by CRYPTO_HUUNTER
Bitcoin is still trading without a clear directional trend, so there's no need to overcomplicate the analysis. Instead of predicting the next move, focus on the breakout and let the market choose the direction. 📈 Long Setup Long Trigger: $64,468 If this level breaks with strong momentum, I'm willing to hold the position and simply move my stop-loss to breakeven rather than taking profits too early. For additional confirmation, I'd like to see the 1-hour RSI break above 63. 5. 📉 Short …
Bitcoin is still trading without a clear directional trend, so there's no need to overcomplicate the analysis. Instead of predicting the next move, focus on the breakout and let the market choose the direction. 📈 Long SetupLong Trigger: $64,468If this level breaks with strong momentum, I'm willing to hold the position and simply move my stop-loss to breakeven rather than taking profits too early. For additional confirmation, I'd like to see the 1-hour RSI break above 63. 5. 📉 Short SetupShort Trigger: $63,940If this trigger is activated, my plan is the same—hold the position and protect it by moving the stop-loss to breakeven instead of exiting too early. For extra confirmation, the 1-hour RSI should fall below 50. At the moment, the market is offering opportunities on both sides. Don't overanalyze it—wait for the trigger, follow the volume, and let price decide the direction. Support and ResistanceTrend AnalysisDisclaimerThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in theTerms of Use. DisclaimerThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in theTerms of Use.