$BTW The biggest moves often emerge quietly when disagreement is at its peak, and that’s exactly how BTC feels right now. Look at the four-hour and one-hour charts: price is above both the EMA50 and EMA200, and the moving averages are stacked bullishly, so the trend hasn’t actually turned. The 15-minute ADX is at 26.8, with buyers in control and momentum still pushing higher. But we should also acknowledge that price is quite far above the one-hour EMA50—more than four ATRs—so the short-term move is overheated and could pull back at any time.
So I’d rather wait for it to return to the bottom of the range before considering a long, instead of chasing it here. A pullback to that level would actually be a good thing; entering after the structure is confirmed feels much safer. The daily chart is still moving within a range, but I’m leaning toward the upside.
🟢 Trade direction: Long
📍 Entry range: 1.5736201 – 1.5793764
🛑 Stop loss: 1.5073618
🎯 Take profit 1: 1.6283505
🎯 Take profit 2: 1.6629187
🎯 Take profit 3: 1.7147711
Still waters run deep, and foresight reaches far; stay calm through the market’s ebbs and flows.
Join Sister Fei and keep your finger on the pulse of wealth’s rising tide.
#BTW
Tap below to trade 👇
So I’d rather wait for it to return to the bottom of the range before considering a long, instead of chasing it here. A pullback to that level would actually be a good thing; entering after the structure is confirmed feels much safer. The daily chart is still moving within a range, but I’m leaning toward the upside.
🟢 Trade direction: Long
📍 Entry range: 1.5736201 – 1.5793764
🛑 Stop loss: 1.5073618
🎯 Take profit 1: 1.6283505
🎯 Take profit 2: 1.6629187
🎯 Take profit 3: 1.7147711
Still waters run deep, and foresight reaches far; stay calm through the market’s ebbs and flows.
Join Sister Fei and keep your finger on the pulse of wealth’s rising tide.
#BTW
Tap below to trade 👇