$BTC fez the day movement: it touched $87 220 (7-day high) and now pulled back to ~$85 170.
Here is the pullback strategy 👇
After a strong leg like that, the patient trader does not chase the price. They wait for the RETEST of the level: if the price returns to the broken zone and holds it, that’s where the educational entry scenario is born.
Where would the zone be? The $84k area—combining the 24h low ($84 122) with the 4h averages (SMA-20 $84 236 / SMA-50 $84 111). Rejection there + close in your favor = confirmation.
Stop? Educational example: below the retest zone. If the zone doesn’t hold, the setup dies—and respecting that IS the strategy.
The classic mistake: buying at the top of $87 220 due to FOMO with the RSI at 67. Entering the move isn’t entering the right price.
Patience is a position. ⚖️
#Bitcoin #CryptoVision
Here is the pullback strategy 👇
After a strong leg like that, the patient trader does not chase the price. They wait for the RETEST of the level: if the price returns to the broken zone and holds it, that’s where the educational entry scenario is born.
Where would the zone be? The $84k area—combining the 24h low ($84 122) with the 4h averages (SMA-20 $84 236 / SMA-50 $84 111). Rejection there + close in your favor = confirmation.
Stop? Educational example: below the retest zone. If the zone doesn’t hold, the setup dies—and respecting that IS the strategy.
The classic mistake: buying at the top of $87 220 due to FOMO with the RSI at 67. Entering the move isn’t entering the right price.
Patience is a position. ⚖️
#Bitcoin #CryptoVision
