The SPCX strategy shared earlier has successfully captured its profit potential this round. Momentum and confirmation have emerged together, and the daily chart structure for $BTC remains on the bullish side. Price is holding firmly above EMA50 and EMA200, and the pullback has not broken the rising swing lows, indicating that buyers are still in control. The 15-minute ADX reading is strong, and momentum has not yet faded. With this structure, I’m more inclined to look for opportunities in the direction of the daily trend.
There is still some hesitation on the four-hour chart, so confidence in this long trade is only moderate, and position size should remain modest. My plan is to wait for price to return to the key support zone before entering, admit I’m wrong if it breaks below the lower structural level, and take profit in stages on the way up. As long as the structure holds, I’m on the bullish side.
🟢 Trade direction: Long
📍 Entry range: 82357.82 – 82543.26
🛑 Stop loss: 80774.34
🎯 Take profit 1: 83707.69
🎯 Take profit 2: 84545.79
🎯 Take profit 3: 85802.94
Gaze upon the vastness of mountains and seas; observe the market’s subtle shifts.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#BTC
Click below to trade 👇
There is still some hesitation on the four-hour chart, so confidence in this long trade is only moderate, and position size should remain modest. My plan is to wait for price to return to the key support zone before entering, admit I’m wrong if it breaks below the lower structural level, and take profit in stages on the way up. As long as the structure holds, I’m on the bullish side.
🟢 Trade direction: Long
📍 Entry range: 82357.82 – 82543.26
🛑 Stop loss: 80774.34
🎯 Take profit 1: 83707.69
🎯 Take profit 2: 84545.79
🎯 Take profit 3: 85802.94
Gaze upon the vastness of mountains and seas; observe the market’s subtle shifts.
Walk alongside Uncle Xiong and witness the gains and losses of the world.
#BTC
Click below to trade 👇