🎯 **Preparing a Bitcoin trade.. Entry and exit points I monitor**
Today, I’m following the continuation of the bullish momentum in Bitcoin ($BTC ), where the price is currently trading at **86,610.28$**, after a clear breakout from a consolidation zone that lasted for several days between 80,000$ and 82,500$.
📌 **The setup I’m using**:
🟢 **Entry point**: 86,610$ (current price)
🔴 **Stop loss**: 84,900$ (below the last higher low before the most recent breakout)
🎯 **First target**: 87,500$ (the highest level in the last 24 hours)
🎯 **Second target**: 90,000$ (an important psychological level that hasn’t been tested yet)
⚖️ **Risk-to-reward ratio**: approximately 1:2, which I consider acceptable given the strength of the recent breakout.
💡 **Optional reason for choosing these levels**: the 82,500-85,000$ zone that was resistance has now become support after the breakout—this is what gives me more confidence that the trend will continue as long as the price stays above it.
I’ll share the trade update with you, moment by moment.
$BTC | $ETH |$BNB
#Bitcoin #BTC #digital_assets #crypto #technical_analysis #Binance #trading #SLTP .
Today, I’m following the continuation of the bullish momentum in Bitcoin ($BTC ), where the price is currently trading at **86,610.28$**, after a clear breakout from a consolidation zone that lasted for several days between 80,000$ and 82,500$.
📌 **The setup I’m using**:
🟢 **Entry point**: 86,610$ (current price)
🔴 **Stop loss**: 84,900$ (below the last higher low before the most recent breakout)
🎯 **First target**: 87,500$ (the highest level in the last 24 hours)
🎯 **Second target**: 90,000$ (an important psychological level that hasn’t been tested yet)
⚖️ **Risk-to-reward ratio**: approximately 1:2, which I consider acceptable given the strength of the recent breakout.
💡 **Optional reason for choosing these levels**: the 82,500-85,000$ zone that was resistance has now become support after the breakout—this is what gives me more confidence that the trend will continue as long as the price stays above it.
I’ll share the trade update with you, moment by moment.
$BTC | $ETH |$BNB
#Bitcoin #BTC #digital_assets #crypto #technical_analysis #Binance #trading #SLTP .
