Shuqin Market Analysis: Bitcoin
Direction: Long
Entry: Around 79,800–80,600
Confidence: Medium
Leverage: 10x
Position size: 10%
Take profit: Target 1: Around 82,300 (conservative); Target 2: Around 84,000; Target 3: 87,000
Stop loss: Slightly below 78,800.
Reason: The 79,500–80,000 area is a support zone for Bitcoin, so you can look for a bounce above support.
Note: Avoid placing limit orders at round numbers, as they may be difficult to fill. Orders are more likely to be filled if placed slightly above support or slightly below resistance. #BTC #Futures
Direction: Long
Entry: Around 79,800–80,600
Confidence: Medium
Leverage: 10x
Position size: 10%
Take profit: Target 1: Around 82,300 (conservative); Target 2: Around 84,000; Target 3: 87,000
Stop loss: Slightly below 78,800.
Reason: The 79,500–80,000 area is a support zone for Bitcoin, so you can look for a bounce above support.
Note: Avoid placing limit orders at round numbers, as they may be difficult to fill. Orders are more likely to be filled if placed slightly above support or slightly below resistance. #BTC #Futures