Everyone's glued to the $30k swing‑trade hype but the 4H just threw a bullish engulfing past $34,800, and I see a coiled move toward $36.5k.
$BTC - LONG
Entry: 34,820 – 34,860
SL: 34,300
TP1: 35,400
TP2: 35,950
TP3: 36,500
Why this setup?
- 4H RSI climbing from 42 to 58, breaking the 50‑midline bias.
- ATR (4H) at 480 points, giving room for a clean swing without immediate invalidation.
- 1D lower‑high formation aligns with a higher‑low on the 15m, showing multi‑timeframe divergence in favor of the long.
- Volume surged 27% on the engulfing candle, acting as a magnet for buying pressure.
Debate: Are you still shorting the $30k range or hopping on this $34.8k breakout?
$BTC
$BTC - LONG
Entry: 34,820 – 34,860
SL: 34,300
TP1: 35,400
TP2: 35,950
TP3: 36,500
Why this setup?
- 4H RSI climbing from 42 to 58, breaking the 50‑midline bias.
- ATR (4H) at 480 points, giving room for a clean swing without immediate invalidation.
- 1D lower‑high formation aligns with a higher‑low on the 15m, showing multi‑timeframe divergence in favor of the long.
- Volume surged 27% on the engulfing candle, acting as a magnet for buying pressure.
Debate: Are you still shorting the $30k range or hopping on this $34.8k breakout?
$BTC
