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The market is currently approaching important zones, so instead of entering randomly, I’m watching for price action confirmation first. 👀
🟢 Buy scenario 📈
If Bitcoin breaks above the $84,250 zone and a candle closes above it, then the price retests the zone and successfully holds above it, I’ll watch for a potential buy opportunity, with potential targets at:
🎯 First target: $85,000
🎯 Second target: $86,000
🔴 Sell scenario 📉
If the price fails to break through resistance, then breaks below $82,500 and a candle closes beneath it, I’ll monitor a bearish scenario and watch the following zones:
🎯 First target: $81,500
🎯 Second target: $80,900
⏸️ When will I stay out?
If the price remains between $82,500 and $84,250 without a clear direction, I’ll wait; price action within the range could give us misleading signals.
🛡️ Risk management before any trade:
No entry just because a price level is touched.
Wait for the candle to close and, if possible, for a retest.
Setting the point that invalidates the scenario before a hypothetical entry.
Don’t chase the price if it moves without presenting a clear opportunity.
Remember: this is a conditional plan, not a buy or sell recommendation. The levels are based on the previous analysis and are not a live market update.
🔥 Discussion question: If BTC closes above $84,250, would you prefer to wait for a retest, or consider the breakout alone sufficient?
#Bitcoin #BTCUSDT #BinanceSquare #CryptoAnalysis #TechnicalAnalysis #BitcoinTrading
