đ BTC â STABILIZATION & MOVING AVERAGE TIGHTENING! đ
$BTC (Bitcoin) is trading higher at 82,788.3 (+0.15%, or roughly Rs22,929,047.57), moving within a 24-hour range between a high of 83,499.9 and a low of 82,241.5. Price action on this 4-hour chart displays a steady consolidation phase following the defense of the lower range, currently trading right along the fast MA(7) (82,718.8) and pressing toward the MA(25) (83,262.4) and structural MA(99) (84,128.1) bands.
đ QUICK TRADE PLAN â 4H
đą LONG ENTRY: 82,000.0â82,650.0 (on minor intraday pullbacks or retests near short-term moving average support)
đ STOP LOSS: 81,300.0
đŻ TP1: 84,200.0
đŻ TP2: 85,600.0
Are you riding this Bitcoin consolidation higher, or waiting for a clean breakout above the MA(25) resistance band? Let's discuss below! đ
đ Trade: $BTC
#BTC #bitcoin #cryptotrading #BinanceSquare #bullish
$BTC (Bitcoin) is trading higher at 82,788.3 (+0.15%, or roughly Rs22,929,047.57), moving within a 24-hour range between a high of 83,499.9 and a low of 82,241.5. Price action on this 4-hour chart displays a steady consolidation phase following the defense of the lower range, currently trading right along the fast MA(7) (82,718.8) and pressing toward the MA(25) (83,262.4) and structural MA(99) (84,128.1) bands.
đ QUICK TRADE PLAN â 4H
đą LONG ENTRY: 82,000.0â82,650.0 (on minor intraday pullbacks or retests near short-term moving average support)
đ STOP LOSS: 81,300.0
đŻ TP1: 84,200.0
đŻ TP2: 85,600.0
Are you riding this Bitcoin consolidation higher, or waiting for a clean breakout above the MA(25) resistance band? Let's discuss below! đ
đ Trade: $BTC
#BTC #bitcoin #cryptotrading #BinanceSquare #bullish