Mapping a long on $BTC from the 1H chart.
I would only consider it inside 83,395–83,562, with 82,933 as the stop and 84,027, then 84,407, then 84,789 as exits.
Reward to TP1 is 1.00 times the risk, 2.40R if it runs to TP3.
$BTC is in the zone at 83,491. Supporting it: 1H EMA20 above EMA50, 1H RSI 53.5 and ADX 17.2.
I would size it down because the 4H trend does not agree yet and no confirmed trigger candle on the 1H yet.
$XRP has moved +0.13% in that time; $RENDER, +0.54%, is tracking a similar path.
I would only consider it inside 83,395–83,562, with 82,933 as the stop and 84,027, then 84,407, then 84,789 as exits.
Reward to TP1 is 1.00 times the risk, 2.40R if it runs to TP3.
$BTC is in the zone at 83,491. Supporting it: 1H EMA20 above EMA50, 1H RSI 53.5 and ADX 17.2.
I would size it down because the 4H trend does not agree yet and no confirmed trigger candle on the 1H yet.
$XRP has moved +0.13% in that time; $RENDER, +0.54%, is tracking a similar path.