$SPCX Breakouts often happen when sentiment is at its most hesitant; I choose to take the opposite side. On the BTC four-hour chart, price is holding above EMA50 and EMA200, with the moving averages aligned bullishly and the swing trend clearly pointing up. The one-hour RSI is above 56, so buyers still have momentum. In this kind of setup, I’d rather look for opportunities in the direction of the trend than try to call a top.
If price pulls back to the key zone, I’ll consider scaling into long positions. I’ll place the stop below the structural low, take half off at the first target, then move the stop to the entry price. I’ll keep position sizes light, since the signals are only mildly bullish—not aligned across the board. Risk is always present, but as long as the structure holds, I respect the trend.
🟢 Trade direction: Long
📍 Entry zone: 164.05974 – 164.08483
🛑 Stop loss: 163.30879
🎯 Take profit 1: 164.64491
🎯 Take profit 2: 165.02666
🎯 Take profit 3: 165.59929
Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#SPCX
Click below to trade 👇
If price pulls back to the key zone, I’ll consider scaling into long positions. I’ll place the stop below the structural low, take half off at the first target, then move the stop to the entry price. I’ll keep position sizes light, since the signals are only mildly bullish—not aligned across the board. Risk is always present, but as long as the structure holds, I respect the trend.
🟢 Trade direction: Long
📍 Entry zone: 164.05974 – 164.08483
🛑 Stop loss: 163.30879
🎯 Take profit 1: 164.64491
🎯 Take profit 2: 165.02666
🎯 Take profit 3: 165.59929
Take in the vastness of mountains and seas; observe the market’s finer details.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#SPCX
Click below to trade 👇