๐ BTC โ RECOVERY ATTEMPT & MOVING AVERAGE RECLAIM! ๐
$BTC (Bitcoin) is trading higher at 83,160.4 (+0.65%, or roughly Rs23,101,959.12), moving within a 24-hour range between a high of 83,499.9 and a low of 80,344.8. Price action on this 4-hour chart displays a notable relief bounce following the defense of the 80,344.8 swing low, currently pushing back above the fast MA(7) (82,256.8) while working toward the MA(25) (83,860.2) and structural MA(99) (84,247.6) bands.
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 81,500.0โ82,800.0 (on minor intraday pullbacks or retests near the short-term moving average support)
๐ STOP LOSS: 79,800.0
๐ฏ TP1: 84,500.0
๐ฏ TP2: 86,200.0
Are you riding this Bitcoin recovery bounce higher, or waiting for a confirmed close above the MA(25) cluster? Let's discuss below! ๐
๐ Trade: $BTC
#BTC #Bitcoin #cryptotrading #BinanceSquare #bullish
$BTC (Bitcoin) is trading higher at 83,160.4 (+0.65%, or roughly Rs23,101,959.12), moving within a 24-hour range between a high of 83,499.9 and a low of 80,344.8. Price action on this 4-hour chart displays a notable relief bounce following the defense of the 80,344.8 swing low, currently pushing back above the fast MA(7) (82,256.8) while working toward the MA(25) (83,860.2) and structural MA(99) (84,247.6) bands.
๐ QUICK TRADE PLAN โ 4H
๐ข LONG ENTRY: 81,500.0โ82,800.0 (on minor intraday pullbacks or retests near the short-term moving average support)
๐ STOP LOSS: 79,800.0
๐ฏ TP1: 84,500.0
๐ฏ TP2: 86,200.0
Are you riding this Bitcoin recovery bounce higher, or waiting for a confirmed close above the MA(25) cluster? Let's discuss below! ๐
๐ Trade: $BTC
#BTC #Bitcoin #cryptotrading #BinanceSquare #bullish