🟠 BTC/USDT | My Bitcoin plan: Buy or sell? 📊🔥
The market is currently at important levels, so instead of entering randomly, I’m watching for price action confirmation first. 👀
🟢 Buy scenario 📈
If Bitcoin breaks above 84,250$ and a candle closes above it, then the price returns to retest the level and holds above it, I’ll watch for a potential hypothetical buy opportunity, with possible targets at:
🎯 First target: $85,000
🎯 Second target: $86,000
🔴 Sell scenario 📉
If the price fails to break through resistance, then breaks below 82,500$ and a candle closes beneath it, I’ll watch for a bearish scenario, monitoring the following levels:
🎯 First target: $81,500
🎯 Second target: $80,900
⏸️ When will I stay out?
If the price continues moving between 82,500$ and 84,250$ without a clear direction, I’ll wait, because movement within the range could give us misleading signals.
🛡️ Risk management before any trade:
Don’t enter just because the price touches a level.
Wait for the candle to close and, where possible, for a retest.
Set a point that invalidates the scenario before entering hypothetically.
Don’t chase the price if it moves without a clear opportunity.
Remember: this is a conditional plan, not a buy or sell recommendation. The levels are based on previous analysis and are not a live market update.
🔥 Discussion question: If BTC closes above $84,250, would you prefer to wait for a retest, or do you consider the breakout alone sufficient?
#Bitcoin #BTCUSDT #BinanceSquare #CryptoAnalysis #TechnicalAnalysis #BitcoinTrading
The market is currently at important levels, so instead of entering randomly, I’m watching for price action confirmation first. 👀
🟢 Buy scenario 📈
If Bitcoin breaks above 84,250$ and a candle closes above it, then the price returns to retest the level and holds above it, I’ll watch for a potential hypothetical buy opportunity, with possible targets at:
🎯 First target: $85,000
🎯 Second target: $86,000
🔴 Sell scenario 📉
If the price fails to break through resistance, then breaks below 82,500$ and a candle closes beneath it, I’ll watch for a bearish scenario, monitoring the following levels:
🎯 First target: $81,500
🎯 Second target: $80,900
⏸️ When will I stay out?
If the price continues moving between 82,500$ and 84,250$ without a clear direction, I’ll wait, because movement within the range could give us misleading signals.
🛡️ Risk management before any trade:
Don’t enter just because the price touches a level.
Wait for the candle to close and, where possible, for a retest.
Set a point that invalidates the scenario before entering hypothetically.
Don’t chase the price if it moves without a clear opportunity.
Remember: this is a conditional plan, not a buy or sell recommendation. The levels are based on previous analysis and are not a live market update.
🔥 Discussion question: If BTC closes above $84,250, would you prefer to wait for a retest, or do you consider the breakout alone sufficient?
#Bitcoin #BTCUSDT #BinanceSquare #CryptoAnalysis #TechnicalAnalysis #BitcoinTrading