BTC is fluctuating around $83k, creating a short-term LONG opportunity. The 4h indicators suggest a slight uptrend.
$BTC – LONG
Trading plan:
Entry: $82,995.22 – $83,104.80
SL: $82,502.09
TP1: $84,036.27
TP2: $84,511.13
TP3: $85,059.05
Why this setup?
• The 4h trend is LONG; EMA20=$84,525.23, EMA50=$84,445.03.
• RSI 15m=36.2; RSI 4h=18.3.
• ATR 1h=$365.28; entry is near the current price, and TP1 has an R:R of 1.8.
Discussion:
If the price holds above EMA20 and breaks through TP1, profits will be locked in; otherwise, strong volatility could sweep the SL before the target is reached.
Click here to trade 👇
$BTC – LONG
Trading plan:
Entry: $82,995.22 – $83,104.80
SL: $82,502.09
TP1: $84,036.27
TP2: $84,511.13
TP3: $85,059.05
Why this setup?
• The 4h trend is LONG; EMA20=$84,525.23, EMA50=$84,445.03.
• RSI 15m=36.2; RSI 4h=18.3.
• ATR 1h=$365.28; entry is near the current price, and TP1 has an R:R of 1.8.
Discussion:
If the price holds above EMA20 and breaks through TP1, profits will be locked in; otherwise, strong volatility could sweep the SL before the target is reached.
Click here to trade 👇