đ BTC â PULLBACK & TESTING MOVING AVERAGE SUPPORT! đŽ
$BTC (Bitcoin) is trading lower at 83,631.8 (-0.96%), pulling back from its 24h high of 85,224.0 down to a 24h low of 83,130.1. Price action on this 4H chart has slipped below the fast MA(7) (84,210.5) and MA(25) (85,079.1), while maintaining a healthy cushion above the major structural MA(99) (79,933.1).
đ QUICK TRADE PLAN â 4H
đą LONG ENTRY: 80,500â83,000 (on stabilization and defense near the MA99 and major demand zones)
đ STOP LOSS: 79,200
đŻ TP1: 85,500
đŻ TP2: 89,000
Are you buying this Bitcoin dip as it tests lower moving average support levels, or waiting for a deeper correction? Let's discuss below! đ
đ Trade: $BTC
#BTC #bitcoin #cryptotrading #BinanceSquare #Correction
$BTC (Bitcoin) is trading lower at 83,631.8 (-0.96%), pulling back from its 24h high of 85,224.0 down to a 24h low of 83,130.1. Price action on this 4H chart has slipped below the fast MA(7) (84,210.5) and MA(25) (85,079.1), while maintaining a healthy cushion above the major structural MA(99) (79,933.1).
đ QUICK TRADE PLAN â 4H
đą LONG ENTRY: 80,500â83,000 (on stabilization and defense near the MA99 and major demand zones)
đ STOP LOSS: 79,200
đŻ TP1: 85,500
đŻ TP2: 89,000
Are you buying this Bitcoin dip as it tests lower moving average support levels, or waiting for a deeper correction? Let's discuss below! đ
đ Trade: $BTC
#BTC #bitcoin #cryptotrading #BinanceSquare #Correction
