$BTC #BTC ๐
Direction: LONG
Entry zone: 77229 to 77539
Stop loss: 76223
Target 1: 78932
Target 2: 80092
Bitcoin is trading near 77,384 dollars, up 0.89 percent in 24 hours, inside a range of 76,303 to 77,966 dollars, and the recent closes show a push that is cooling, 77,720, then 77,802, then 77,852, then 77,384. ๐ My reading is that Bitcoin is holding above its low, not breaking out, which is why this long uses a dip entry zone instead of chasing the highs. A long from the current zone, with a stop below 76,223, targets 78,932 first and then 80,092 if buyers reclaim the range high. A fall below 76,223 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Bitcoin rise to 78,932 first, or fall below 76,223? ๐ค
Follow for more trades.
#BTC #Crypto #FuturesTrading #TradingSignals
Direction: LONG
Entry zone: 77229 to 77539
Stop loss: 76223
Target 1: 78932
Target 2: 80092
Bitcoin is trading near 77,384 dollars, up 0.89 percent in 24 hours, inside a range of 76,303 to 77,966 dollars, and the recent closes show a push that is cooling, 77,720, then 77,802, then 77,852, then 77,384. ๐ My reading is that Bitcoin is holding above its low, not breaking out, which is why this long uses a dip entry zone instead of chasing the highs. A long from the current zone, with a stop below 76,223, targets 78,932 first and then 80,092 if buyers reclaim the range high. A fall below 76,223 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Bitcoin rise to 78,932 first, or fall below 76,223? ๐ค
Follow for more trades.
#BTC #Crypto #FuturesTrading #TradingSignals
