BTCUSD — Trendline Continuation Setup

Wait 5 sec.

BTCUSD — Trendline Continuation SetupBitcoin / US DollarCOINBASE:BTCUSDFrankAgboBitcoin / U.S. Dollar | 15M BTCUSD is currently showing a bullish trendline continuation setup after the sharp sell-off. 🔹 Price established a low around 77,200 and began forming higher lows. 🔹 An ascending trendline is supporting the recovery. 🔹 Price is now approaching the 78,100–78,200 resistance area. 🔹 A confirmed break and retest of this resistance could open the way toward the 79,800 area. 🔹 The bullish setup becomes invalid if price loses the rising trendline and breaks below the 77,200 support zone. 🎯 Trade Idea Entry: Breakout + retest / confirmation Target: ~79,800 Invalidation: Below ~77,200 Structure: Short-term bullish continuation R:R: Approximately 1:3 based on the levels shown. ⚠️ Key confirmation: I would not enter simply because price touches the trendline. I want to see buyers defend the structure and preferably a confirmed breakout/retest before considering the long. Patience > FOMO. Let price confirm the setup. #BTCUSD #Bitcoin #BTC #CryptoTrading #PriceAction #TechnicalAnalysis #Trendline #Breakout #TradingView #DayTrading #Scalping