📈 BTC Long Trade Setup – June 12
🚀 Entry Triggered at: 107,549.49
🟢 Current Price: 107,670.45
🛡️ Stop Loss: 106,500.00
🎯 Target (TP): 109,500.00
---
⚙️ 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 → possible momentum shift
OBV shows reversal uptick → demand may be returning
📉 Recent dip to 106,600 was likely a liquidity sweep around U.S. market open — a common volatility trap that triggered stop losses (including mine 😅), but also set up a potential rebound.
---
🔁 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.
---
🔁 #BTC #Binance #CryptoTrading #Bitcoin #LongSetup #TA #EMAstrategy #VolatilityTrap #SquareTrade