$BTC Reclaims the Moving Averages Bulls Push for a Breakout Retest ₿
Pair: $BTC /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 84,750 – 85,050
Take Profit:
- TP1: 85,371.23 +5%
- TP2: 85,664.94 +9%
- TP3: 86,105.51 +14%
Stop Loss: 84,343.24
Chart Structure:
- BTC pulled back from an 87,200 high into a base near 84,000–84,700, then reversed with a strong push back up, reclaiming MA7, MA25, and the MA99 cluster
- RSI 14 dipped into the low-40s during the base and has since recovered into the mid-50s, showing renewed strength without being overbought
- MACD just crossed positive with the histogram turning green after a stretch of negative readings during the pullback confirms the momentum shift
- Price is now breaking above the flattened moving-average cluster with the latest green candles, suggesting the consolidation is resolving higher
- This reads as a base-breakout long: buying the reclaim after a healthy pullback, with confirmation from both RSI and MACD
- Stop is placed below the recent consolidation low, giving room for a normal retest without exposing to a fresh breakdown
$BTC
Pair: $BTC /USDT
Direction: LONG
Leverage: 5x
Entry Zone: 84,750 – 85,050
Take Profit:
- TP1: 85,371.23 +5%
- TP2: 85,664.94 +9%
- TP3: 86,105.51 +14%
Stop Loss: 84,343.24
Chart Structure:
- BTC pulled back from an 87,200 high into a base near 84,000–84,700, then reversed with a strong push back up, reclaiming MA7, MA25, and the MA99 cluster
- RSI 14 dipped into the low-40s during the base and has since recovered into the mid-50s, showing renewed strength without being overbought
- MACD just crossed positive with the histogram turning green after a stretch of negative readings during the pullback confirms the momentum shift
- Price is now breaking above the flattened moving-average cluster with the latest green candles, suggesting the consolidation is resolving higher
- This reads as a base-breakout long: buying the reclaim after a healthy pullback, with confirmation from both RSI and MACD
- Stop is placed below the recent consolidation low, giving room for a normal retest without exposing to a fresh breakdown
$BTC
