$BTC Breakdown of the accumulation range; I’m scaling into spot positions at different levels
BTC spot, 14/11: current price 66,147 USDT.
D1 is still bullish, while H4 is declining. The D1 candle closed below EMA20 (76,016) and EMA50 (78,171). Plan: scale into spot positions in support zones, buy more if the price drops further, and exit if the setup is invalidated based on the D1 candle.
📊 Rationale:
- SMC: the buy zone is the D1 Order Block and the most recent D1 low.
- Wyckoff D1 leans toward accumulation, though the phase is unclear; range: 67,449–81,188.
- Momentum is weak; D1 MACD is red, with bars getting deeper.
🛡 Entry strategy
- Spot only, no leverage; place limit orders at each zone and don’t chase the price.
- Set the SL based on the D1 candle close, not the wick.
- At TP1, take profit on half; move the SL on the rest to breakeven.
- Only use capital you can afford to lose up to the SL level.
Data as of 21:34 14/11/2026 (UTC+7). This is a conditional plan, not backtested, and not investment advice.
#BTC #SpotTrading #Bullish #Payments #AxionNews
BTC spot, 14/11: current price 66,147 USDT.
D1 is still bullish, while H4 is declining. The D1 candle closed below EMA20 (76,016) and EMA50 (78,171). Plan: scale into spot positions in support zones, buy more if the price drops further, and exit if the setup is invalidated based on the D1 candle.
📊 Rationale:
- SMC: the buy zone is the D1 Order Block and the most recent D1 low.
- Wyckoff D1 leans toward accumulation, though the phase is unclear; range: 67,449–81,188.
- Momentum is weak; D1 MACD is red, with bars getting deeper.
🛡 Entry strategy
- Spot only, no leverage; place limit orders at each zone and don’t chase the price.
- Set the SL based on the D1 candle close, not the wick.
- At TP1, take profit on half; move the SL on the rest to breakeven.
- Only use capital you can afford to lose up to the SL level.
Data as of 21:34 14/11/2026 (UTC+7). This is a conditional plan, not backtested, and not investment advice.
#BTC #SpotTrading #Bullish #Payments #AxionNews
