$BTC Long setup — waiting for an $84K breakout 🚀
BTC has reclaimed $82,800 and moved back into the rising channel. Price is now around **$83K**, with just one resistance left near $84K.
Trade (Long only):
· Entry: Daily close above $84,000 (confirmed breakout)
· Stop Loss: Below $82,800
· Target 1: $86,000
· Target 2: $90,000
The RSI trendline has broken out, and price has also bounced off the 50-day SMA — the structure favors the bulls. If $84K is cleared, the path to $90K could open up. If $82,800 breaks, the setup fails.
DYOR. Not Financial Advice. Apply risk management.
$BTC
#BTC #Bitcoin #TradeIdea #BinanceSquare
BTC has reclaimed $82,800 and moved back into the rising channel. Price is now around **$83K**, with just one resistance left near $84K.
Trade (Long only):
· Entry: Daily close above $84,000 (confirmed breakout)
· Stop Loss: Below $82,800
· Target 1: $86,000
· Target 2: $90,000
The RSI trendline has broken out, and price has also bounced off the 50-day SMA — the structure favors the bulls. If $84K is cleared, the path to $90K could open up. If $82,800 breaks, the setup fails.
DYOR. Not Financial Advice. Apply risk management.
$BTC
#BTC #Bitcoin #TradeIdea #BinanceSquare