🚀 Double-Bottom Pattern: Bullish Breakout Ahead? 🚀
📊 The BTC/USDT chart shows a double-bottom pattern, hinting at a potential bullish breakout! 📈
🔢 Breakout Target Calculation:
1. Support Level (A): $52,550
2. Resistance Level (X): $65,000
Formula to find the breakout target:
Target = Resistance + Resistance -Support
= 65,000 + (65,000 - 52,550) = 77,450 ]
📊 Example:
If BTC breaks the $65,000 resistance, we could see a move toward $77,450.
💥 Key Takeaway:
Watch the $65,000 level closely! A breakout could signal a strong upward rally.
🧑💻 Posted by: Future Master Trading
#BTC #Breakout
#CryptoAnalysis #FutureMasterTrading #BullishSetup #DoubleBottom #BinanceSquare
$BTC