BTCUSDT Bullish Swing Setup Alert!
Bitcoin is showing strength at 110,759.82 despite a -0.644% dip. We’re seeing a solid support zone around 110,750-110,500 on the 4H chart, with RSI nearing oversold at 42. Higher lows forming—bullish divergence spotted!
Signal Details:
Entry: 110,779 (current price or slight pullback to 110,760)
Target 1: 112,500 (+1.55%)
Target 2: 114,000 (+2.91%)
Stop Loss: 110,250 (-0.47%)
Leverage: 3x (adjust based on risk tolerance)
R:R Ratio: 3:1
Why This Trade?
Volume spike on the last candle, buyers stepping in.
200 EMA acting as dynamic support nearby.
MACD showing early signs of a bullish crossover.
Pro Tip: Scale out at Target 1 if momentum slows. Keep an eye on 111,500 resistance—break above confirms the move! DYOR & manage risk. Let’s ride this wave!
#CryptoTrading #Bitcoin