$BTC - Trade Setup - WAIT, chop under resistance
Setup picked: Trend-momentum pullback long (D1 above EMA9/21/50, 4H coiling).
The plan:
- Buy zone 82,800-83,200 (why: 4H EMA50 83,071 + daily EMA9 83,166 + 4H swing lows). Price now 84,050 = chop just under 4H EMA21 84,178, not at the zone.
- Trigger only after: pullback then 1H close back above 84,032 (1H EMA21) or 4H holding above 83,000. Start 1/3, add full size on 4H acceptance above 84,200. No trigger = no trade.
- Alt breakdown short only if 4H closes below 82,800 with volume, then retest 82,800-83,200 to sell toward 81,182 (20-bar mid).
Stop / Targets (entry mid 83,000):
- Hard stop 81,900 (under 82k round + structure)
- TP1 85,255 (recent daily high) take 50% - R about 2.0
- TP2 87,396 (20-bar high) take rest - R about 4.0
When we're wrong (close basis, wicks don't count):
- 4H close below 81,900 kills long idea - cut to 30% or flat
- D1 close below 80,891 (EMA21) flips bias, stand aside
- For breakdown short: 4H close back above 83,200 = failed, close rest
Why wait: 1H flat on EMAs, 4H volume dead on a Saturday session, funding slightly positive (0.0047%) with about $7.9B OI - chop under 4H EMA21 after rejecting 85k twice, long the zone not the middle #write2earn
