Bitcoin buyers are in control on the 1h — $BTC long with targets up to 78,088
The 1h trend is showing real strength: ADX reads 31.1 with buyers driving the move, DI+ at 28.4 against DI− at 9.8. That is the case for a long from here.
The plan:
Entry: 74,412.66 – 74,545.14
TP1: 75,832.36 (+1.8%) — close 50%
TP2: 76,734.66 (+3.0%) — close 25%
TP3: 78,088.11 (+4.8%) — close 25%
SL: 72,674.29 (-2.4%)
Move the stop to entry once TP1 hits.
Two things to respect: conviction is only moderate, so keep size light, and the 4h trend is still down, sitting below EMA50 and EMA200.
Do you see room for a long here too? Personal market analysis only — manage risk and do your own research.
The 1h trend is showing real strength: ADX reads 31.1 with buyers driving the move, DI+ at 28.4 against DI− at 9.8. That is the case for a long from here.
The plan:
Entry: 74,412.66 – 74,545.14
TP1: 75,832.36 (+1.8%) — close 50%
TP2: 76,734.66 (+3.0%) — close 25%
TP3: 78,088.11 (+4.8%) — close 25%
SL: 72,674.29 (-2.4%)
Move the stop to entry once TP1 hits.
Two things to respect: conviction is only moderate, so keep size light, and the 4h trend is still down, sitting below EMA50 and EMA200.
Do you see room for a long here too? Personal market analysis only — manage risk and do your own research.
