$BTC has a LONG (Buy) setup on my radar. 📈
👉🏻The FVG (imbalance) area on the chart (pink box) seems to be acting as support.
⚡The real confirmation came from RSI: ✅ Clear POSITIVE DIVERGENCE! (While the price made a lower low (LL), the RSI made a higher low (HL))
🫱🏻🫲🏻The downward momentum is clearly weakening. I expect a reaction rally from here.
📝My plan (as in the chart):
✅Entry: Current levels / FVG area
🚀TP1 (Target 1): ~98,100 (First resistance)
🚀TP2 (Target 2): ~98,770 (Main resistance)
⚠️Risk Management:
‼️SL (Stop-Loss): Below the FVG area or the last wick (~95,200 below) seems reasonable.
🫱🏻🫲🏻The plan is simple, let's see if it works.
🚨🚨YTD, this is my own analysis.
#Bitcoin #BTC #Crypto
👉🏻The FVG (imbalance) area on the chart (pink box) seems to be acting as support.
⚡The real confirmation came from RSI: ✅ Clear POSITIVE DIVERGENCE! (While the price made a lower low (LL), the RSI made a higher low (HL))
🫱🏻🫲🏻The downward momentum is clearly weakening. I expect a reaction rally from here.
📝My plan (as in the chart):
✅Entry: Current levels / FVG area
🚀TP1 (Target 1): ~98,100 (First resistance)
🚀TP2 (Target 2): ~98,770 (Main resistance)
⚠️Risk Management:
‼️SL (Stop-Loss): Below the FVG area or the last wick (~95,200 below) seems reasonable.
🫱🏻🫲🏻The plan is simple, let's see if it works.
🚨🚨YTD, this is my own analysis.
#Bitcoin #BTC #Crypto