#DinnerWithTrump

BTC/USDT

Key Observations:

• Current Price: $93,500

• Recent High: $94,696.05

• Recent Low: $74,508.00

• EMA(25): $86,137.87 (Price is above EMA, suggesting bullish trend)

• RSI(25): 58.58 (Not overbought yet)

• Volume: High volume recently, confirming bullish momentum

Buy Decision:

Since the price is in an uptrend and recently had a strong breakout, buying now is potentially favorable — but consider waiting for a small pullback to the $92,000–$92,500 range for a better entry

Entry:

• Ideal Entry: Between $92,000 – $93,000

• Current price is slightly above this range but still viable.

Stop Loss (SL):

• Below the breakout zone and support: Around $88,000

• This is ~6% downside from current level.

Take Profit (TP):

• Conservative TP: $96,000 (near psychological and chart resistance)

• Aggressive TP: $100,000 (round number, potential breakout target if momentum continues)

Risk-Reward Ratio Example (for current price):

• Entry: $93,500

• Stop Loss: $88,000 (Risk = $5,500)

• Take Profit: $96,000 or $100,000 (Reward = $2,500 or $6,500)

RRR (Risk/Reward Ratio):

• Conservative TP: ~1:0.45 (not ideal)

• Aggressive TP: ~1:1.18 (better)

Final Thoughts:

• Short-Term Trade: Wait for a small dip, then buy. TP at $96K. SL at $88K.

• Swing Trade: Buy now or on dip, TP at $100K, SL at $88K.