High BTC/USDT exit opportunity! LONG setup on 4H 🔥
Bitcoin shows rejection of the drop right above the 4H moving average and regains buying strength. 🐂 Price action confirms consolidation in the support zone, ideal to look for a recovery toward higher resistances with an excellent risk/reward ratio.
No rush or FOMO! We enter with confirmation in the key zone. 🎯
Here is the action plan for the challenge:
🟢 Direction: LONG (Buy)
🎯 Entry Zone: $64.200 - $64.400 (Consolidation above the moving average) ⏱️
🛡️ Stop Loss (SL): $63.600 (Invalid if below the local support) 🚫
💰 Take Profit 1 (TP1): $65.300 (Lock in 50% at the local resistance)
🚀 Take Profit 2 (TP2): $66.100 (Main target / Upside resistance)
📊 Risk Management ($100 - 2% Rule):
Leverage: 5x ⚡ #bitcoin $BTC #cryptotrading #BİNANCE
Bitcoin shows rejection of the drop right above the 4H moving average and regains buying strength. 🐂 Price action confirms consolidation in the support zone, ideal to look for a recovery toward higher resistances with an excellent risk/reward ratio.
No rush or FOMO! We enter with confirmation in the key zone. 🎯
Here is the action plan for the challenge:
🟢 Direction: LONG (Buy)
🎯 Entry Zone: $64.200 - $64.400 (Consolidation above the moving average) ⏱️
🛡️ Stop Loss (SL): $63.600 (Invalid if below the local support) 🚫
💰 Take Profit 1 (TP1): $65.300 (Lock in 50% at the local resistance)
🚀 Take Profit 2 (TP2): $66.100 (Main target / Upside resistance)
📊 Risk Management ($100 - 2% Rule):
Leverage: 5x ⚡ #bitcoin $BTC #cryptotrading #BİNANCE
