Trade Rationale: • Trend: Uptrend or consolidation phase; expecting a breakout. • Risk-Reward Ratio: Favorable with at least 1:2 risk-reward. • Market Condition: If volume supports upward momentum, price can reach TP levels.
Indicators for Confirmation: 1. RSI (14): Should be above 50 but not overbought (>70). 2. MACD: Look for a bullish crossover for confirmation. 3. Moving Averages (MA): Price staying above 50 EMA indicates bullish strength. 4. Volume: Higher volume on breakout increases the probability of reaching TP levels.
Trade Execution & Risk Management: • Entry Strategy: Buy at $2.30, preferably near support or after a breakout confirmation. • Stop-Loss Strategy: Keep SL strict at $2.20 to limit downside risk. • Take-Profit Strategy: • Partial profit at $2.38, move SL to breakeven. • Further profits at $2.45 & $2.50, trailing stop to lock in gains. #BinanceAlphaAlert #USTariffs #SaylorBTCPurchase #BTC☀ #JTO/USDT
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