๐ BTC Long Trade Setup โ June 12
๐ Entry Triggered at: 107,549.49
๐ข Current Price: 107,670.45
๐ก๏ธ Stop Loss: 106,500.00
๐ฏ Target (TP): 109,500.00
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โ๏ธ Technical Snapshot (4H Chart):
EMA Confluence:
EMA(50) near current price = support zone
Price reclaiming above EMA(7) and EMA(20) possible = early bullish sign
RSI Recovery:
RSI(6) bouncing from ~40 โ possible momentum shift
OBV shows reversal uptick โ demand may be returning
๐ Recent dip to 106,600 was likely a liquidity sweep around U.S. market open โ a common volatility trap that triggered stop losses (including mine ๐ ), but also set up a potential rebound.
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๐ Trade Plan
Risk:Reward ~ 1:2
Set alerts near 108.5k (EMA zone) for potential scaling.
Consider trailing SL once price moves above 108,500.
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