#BTCReclaims110K
$BTC #Let's build two trade setups for you based on the chart:
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⚡ 1. Scalping Setup (Short-Term: 15–60 min trades)
🔹 Bias: Bearish (short until proven otherwise)
Timeframe: 1H
Candle Type: Heikin Ashi
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🔸 Entry (Short):
Zone: $109,290 – $109,511 (recent breakdown zone)
Wait for a weak bullish candle (e.g., small body, long upper wick) or a bearish engulfing around that area.
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🔻 Stop Loss:
Just above the last high: $109,600 – $109,700
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✅ Take Profit:
TP1: $108,950 (previous minor support)
TP2: $108,575
TP3: $108,000 (stronger demand zone)
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🧠 Confirmation Tools:
MACD: Stay short while histogram is red.
RSI: If it stays below 50, bearish momentum remains.
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📈 2. Swing Trade Setup (2–24 hours)
🔹 Bias: Potential Bullish Reversal (if support holds)
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🔸 Entry (Long):
Zone: $108,500 – $108,000
Look for a bullish hammer, double bottom, or bullish divergence on RSI.
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🔺 Stop Loss:
Below strong support: $107,700
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✅ Take Profit:
TP1: $109,200 (retest resistance)
TP2: $110,000 (key level)
TP3: $110,500 (24h high)
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🧠 Confirmation Tools:
RSI bouncing from 40 zone.
MACD crossover starting to turn upward.
Price reclaiming EMA cluster.
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🛑 Risk Management Tips
Use 1–2% of your account risk per trade.
Avoid overtrading during consolidation.
Wait for confirmation candles before entering.
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