BTC Analyses-5, [July 11, 2026]

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BTC Analyses-5, [July 11, 2026]Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PEhsanZeydabadiWelcome to my page! I share daily technical analyses of Bitcoin and other charts here. BTCUSDT Follow this my idea: 💡 Market Analysis: The ascending trendline has been broken, and BTC is currently forming a rising wedge pattern. The price is oscillating within a trading range between 63,768 and 64,517. While the trendline break suggests potential bearishness, we need a powerful breakout with a candle showing >50% body outside these bounds to confirm the trend. Be cautious of potential false breakouts (fakeouts) within this range. Key Support & Resistance: Key Resistance: 64,517 - 64,935 Key Support Area: 63,397 - 63,768 🎯 Trade Entry & Exit Plan: Entry: Aggressive: Breakout of the wedge pattern. Conservative: Wait for a confirmed breakout of the 63,768 - 64,517 range with at least one or two waves completed outside these zones. Stop Loss: Behind the last wave or the last breakout candle. Take Profit: Minimum R:R 2, with further targets at major horizontal levels. ⚠️ Risk Management: Maximum 1% risk per trade. ❤️ Please share your thoughts and comments on this analysis!