STRATEGY: PULLBACK ENTRY 📉
$BTC rose from ~$84,700 (03/10) to ~$86,200 today (05/10), right up against the 4H 20 EMA. Anyone who chased the momentum bought the day's high.
A patient trader does the opposite: waits for the retest.
— Retest zone (actual, now): ~$85,300, the 20 EMA on the 4H chart. Price is touching it right now.
— Confirmation: rejection at the zone (lower wicks) + a 4H close moving back up.
— Stop (educational example): below the zone, ~$84,800. If it closes decisively below, the thesis is invalidated.
— Resistance above: $87,220 (the high of the last 7 days).
The classic mistake: entering at the peak out of FOMO instead of waiting for price to return to the level. Patience is a position.
⚠️ Educational content — not investment advice.
#Bitcoin #Trading #CriptoVisao
$BTC rose from ~$84,700 (03/10) to ~$86,200 today (05/10), right up against the 4H 20 EMA. Anyone who chased the momentum bought the day's high.
A patient trader does the opposite: waits for the retest.
— Retest zone (actual, now): ~$85,300, the 20 EMA on the 4H chart. Price is touching it right now.
— Confirmation: rejection at the zone (lower wicks) + a 4H close moving back up.
— Stop (educational example): below the zone, ~$84,800. If it closes decisively below, the thesis is invalidated.
— Resistance above: $87,220 (the high of the last 7 days).
The classic mistake: entering at the peak out of FOMO instead of waiting for price to return to the level. Patience is a position.
⚠️ Educational content — not investment advice.
#Bitcoin #Trading #CriptoVisao
