Everyone's glued to the $70k hype, but the 4H bullish engulfing is coiling a squeeze right above $68.2k.
$BTC - LONG
Entry: 68,250 – 68,400
SL: 66,800
TP1: 69,300
TP2: 70,100
TP3: 71,200
Why this setup?
- 4H bullish engulfing with volume +45% vs avg, indicating strong magnet
- RSI on 4H sitting at 58, leaving room before overbought territory
- ATR(14) on 1H ≈ 620, giving a healthy swing range for a clean stop
- Price has held above the $68,200 pivot for 3 days, bias leaning bullish
Debate: Are you fading the next pull to $66.8k or riding the breakout toward $70k?
$BTC
$BTC - LONG
Entry: 68,250 – 68,400
SL: 66,800
TP1: 69,300
TP2: 70,100
TP3: 71,200
Why this setup?
- 4H bullish engulfing with volume +45% vs avg, indicating strong magnet
- RSI on 4H sitting at 58, leaving room before overbought territory
- ATR(14) on 1H ≈ 620, giving a healthy swing range for a clean stop
- Price has held above the $68,200 pivot for 3 days, bias leaning bullish
Debate: Are you fading the next pull to $66.8k or riding the breakout toward $70k?
$BTC
