Trade Setup (5m Timeframe):
Entry: $93,060
Stop Loss: $92,610
Target 1: $94,800
Target 2: $95,600
Risk/Reward: 1:2+
Chart Analysis:
Double bottom formed near $91,900
50 EMA breakout confirmation
Strong bullish candle with volume spike
Price retesting previous resistance zone as support (classic flip)
Why I Like This Setup:
BTC bounced hard after fakeout below $92k
EMAs crossing upward — bullish momentum building
Short squeeze potential above $93,200
My Move:
I’ve entered a light scalp position at $93,060 with tight SL. Watching $93,800 level for momentum confirmation.
Note:
This is my personal trade idea — Not financial advice. Always manage your own risk and DYOR!
#Bitcoin #BTC #scalping #TradingSignals