BTC is grinding near the 31,200 mark, testing the lower edge of the recent bullish channel. Momentum is still choppy, but the price is holding above the 30k support level.
đą $BTC LONG đ
Entry â $79,352.87-$79,511.73
Stop â $77,049.33 (-3.0%)
TP1 â $80,623.78 (+1.5%)
TP2 â $83,403.92 (+5.0%)
R/R 1:1.7 âą Confidence 64%
A clear change of character broke the descending swing, confirming a bullish market structure break. The CVD turned positive as buying volume surged, aligning with a fairâvalue gap and a strong order block on the 30,800 level, creating a POI where the OB and FVG overlap. The confluence points to a lowârisk long entry.
A 3.0% stop is relatively tight on a 30kâplus price, so a max of 3â5Ă leverage keeps the risk per trade under 1% of equity.
Take half of the position off the table when price hits the first target around 32,300.
As always: manage your risk, this is not financial advice đ
$BTC #BTCUSDT #SMC #TradingSignals #Write2Earn
đą $BTC LONG đ
Entry â $79,352.87-$79,511.73
Stop â $77,049.33 (-3.0%)
TP1 â $80,623.78 (+1.5%)
TP2 â $83,403.92 (+5.0%)
R/R 1:1.7 âą Confidence 64%
A clear change of character broke the descending swing, confirming a bullish market structure break. The CVD turned positive as buying volume surged, aligning with a fairâvalue gap and a strong order block on the 30,800 level, creating a POI where the OB and FVG overlap. The confluence points to a lowârisk long entry.
A 3.0% stop is relatively tight on a 30kâplus price, so a max of 3â5Ă leverage keeps the risk per trade under 1% of equity.
Take half of the position off the table when price hits the first target around 32,300.
As always: manage your risk, this is not financial advice đ
$BTC #BTCUSDT #SMC #TradingSignals #Write2Earn