Guys, a quick analysis of what I'm doing with this $BTC at 83.537.
The chart made it clear: a sharp drop to 81.033 with a liquidation wick, followed by a V-shaped reversal on volume. That was support being defended, not a trend reversal.
MY PLAN — NO BEATING AROUND THE BUSH:
WHERE TO ENTER:
Main entry: 83.300 to 83.537
This is the current consolidation. I'm buying the sideways movement after the recovery.
Trigger: Hold above 83.000 at the 1H close.
WHERE TO EXIT — PARTIAL AND SMART EXITS:
STOP LOSS (Where I exit at a loss):
82.280 — A 1H close below this invalidates everything. It would break the last low of the V.
TAKE PROFIT (Where I exit in profit):
Target 1: 83.850 — I exit 50% and move my stop to breakeven.
Target 2: 84.352 — The high from day 12. I exit another 30%. This is strong resistance.
Target 3: 84.800+ — I let 20% run with a trailing stop if it breaks above the high. I let the market pay me.
Risk management:
Risk 1% of my bankroll per trade. R/R of 1 to 2.8. It's not about being right 100% of the time; it's about losing little and winning more when you're right.
If it loses 83k on volume, I won't insist on buying. I'll wait for 82.300.
What about you—will you go for that high again, or do you think it'll drop back to 81k?
#Bitcoin #Setup #AnaliseGrafica #DayTrade
The chart made it clear: a sharp drop to 81.033 with a liquidation wick, followed by a V-shaped reversal on volume. That was support being defended, not a trend reversal.
MY PLAN — NO BEATING AROUND THE BUSH:
WHERE TO ENTER:
Main entry: 83.300 to 83.537
This is the current consolidation. I'm buying the sideways movement after the recovery.
Trigger: Hold above 83.000 at the 1H close.
WHERE TO EXIT — PARTIAL AND SMART EXITS:
STOP LOSS (Where I exit at a loss):
82.280 — A 1H close below this invalidates everything. It would break the last low of the V.
TAKE PROFIT (Where I exit in profit):
Target 1: 83.850 — I exit 50% and move my stop to breakeven.
Target 2: 84.352 — The high from day 12. I exit another 30%. This is strong resistance.
Target 3: 84.800+ — I let 20% run with a trailing stop if it breaks above the high. I let the market pay me.
Risk management:
Risk 1% of my bankroll per trade. R/R of 1 to 2.8. It's not about being right 100% of the time; it's about losing little and winning more when you're right.
If it loses 83k on volume, I won't insist on buying. I'll wait for 82.300.
What about you—will you go for that high again, or do you think it'll drop back to 81k?
#Bitcoin #Setup #AnaliseGrafica #DayTrade