$BTC 4H: testing the range low, watching for a reclaim
Price has fallen into the 10-day range floor after two heavy bearish closes. A bullish rejection and reclaim confirm the long idea; sustained acceptance below the floor invalidates it.
Paper trade, 4H long:
→ entry $77,200.00
→ target $79,850.00 (R:R 2.6)
→ invalidation $76,200.00
Will buyers defend the range floor?
#TechnicalAnalysis #PaperTrading
Not financial advice, DYOR.
Price has fallen into the 10-day range floor after two heavy bearish closes. A bullish rejection and reclaim confirm the long idea; sustained acceptance below the floor invalidates it.
Paper trade, 4H long:
→ entry $77,200.00
→ target $79,850.00 (R:R 2.6)
→ invalidation $76,200.00
Will buyers defend the range floor?
#TechnicalAnalysis #PaperTrading
Not financial advice, DYOR.
