$BTC
Recommended Trading Strategy:
Entry Points:
Long Entry: Look for a pullback to the $94,000 level, with confirmation from the RSI dropping below 70.
Short Entry: If Bitcoin fails to break above $95,300, consider entering a short position with a stop-loss above the resistance level.
Target Prices:
Long Target 1: $95,300 (Fibonacci R1).
Long Target 2: $98,091 (Fibonacci R2).
Short Target 1: $94,000 (previous swing high).
Short Target 2: $92,500 (Fibonacci S1).
Stop Loss:
Use the Average True Range (ATR) to set dynamic stop-loss levels. For a 15-minute timeframe, a 1.5x ATR multiplier is recommended