AliKhanPK

LongTerm Spot Watchlist
$LINK $RENDER $INJ

Strong Narratives:
Oracle
AI & Compute
DeFi

Strategy:
Buy in support zones
Hold with patience
DC
Manage risk

In crypto it's not only about the coin, entry timing matters too.

#Binance #Crypto #SpotTrading #BTC

$BTC USDT Top-Down Analysis: Bottom is In? Long Setup Ready
Bitcoin is showing massive resilience at key levels. After a deep correction, the market structure across multiple timeframes is shifting heavily in favor of the bulls.
Here is a breakdown of our premium Top-Down Technical Analysis:
Multi-Timeframe Breakdown:
Daily (1D): Strong buying rejection (long wick) right from the major $59,080 demand zone. Big players are defending this level.
4-Hour (4H): Formed a classic Double Bottom pattern, indicating a solid trend reversal.
1-Hour (1H): Price successfully broke and closed above the EMA 50, shifting the local trend to bullish with higher highs.
15-Minute (15M): Confirmed a text-book Golden Cross (EMA 50 crossing above EMA 200) with the RSI holding strong above 60, showing heavy buying momentum on the retest.
The Trade Setup (Long):
Entry Zone: $62,700 - $62,900 (Current Market Price / Local Pullback)
Stop Loss (SL): $61,900 (Below recent swing low and 1H EMA 200)
Take Profit 1 (TP1): $63,700
Take Profit 2 (TP2): $64,200
Take Profit 3 (TP3): $65,000+ (Extended Target) Risk Management Note:
There is local resistance between $63,000 and $63,300. Once we get a solid candle close above $63,400, move your Stop Loss to entry (Break-even) to secure a risk-free ride.
What are your thoughts on this setup? Are you longing BTC here or waiting for more confirmation? Let me know in the comments! 👇
#bitcoin #TechnicalAnalysis #BinanceSquare #TradingSignals #Binance
$BTC