$BTC Long setup
Entry Zone: 83,300 – 83,650
TP1: 84,600
TP2: 85,280
TP3: 86,500
SL: 82,500
Long or Short, which is better?
Based on the chart, the price is currently at 83,632, sitting right near the strong support level of 83,400 (24h Low). Because of this, a Long (bounce) setup has a higher probability right now.
However, if the price breaks and closes below 83,400, then switching to a Short setup would be the better move. Otherwise, Long is the preferred setup here.
Entry Zone: 83,300 – 83,650
TP1: 84,600
TP2: 85,280
TP3: 86,500
SL: 82,500
Long or Short, which is better?
Based on the chart, the price is currently at 83,632, sitting right near the strong support level of 83,400 (24h Low). Because of this, a Long (bounce) setup has a higher probability right now.
However, if the price breaks and closes below 83,400, then switching to a Short setup would be the better move. Otherwise, Long is the preferred setup here.