🟱 LONG $BTC /USDT: expecting price to go UP
Bias: LONG · Leaning

Entry: 84517.80 – 84606.80
TP1: 85318.43 (+0.9%)
TP2: 85822.52 (+1.5%)
TP3: 86578.65 (+2.4%)
SL: 83554.13 (-1.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.

Has BTC already pushed too far too fast?

Why LONG? 5/12 signals agree, 2 against.
‱ Daily trend up (above EMA50 & EMA200)
‱ 4h trend up (above EMA50 & EMA200)
‱ 1h trend up (above EMA50 & EMA200)
Risk: Price ran hot, pullbacks are common from here (1h RSI 76.1, overbought)

The daily trend is bullish, but the 1h price sits 3.4 ATR above its average, so a pullback is likely.

Where would you set your stop if you were long?

Chart with every level below.

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⚠ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.