#SwingTradingStrategy
✅ 1. Identify Strong Breakout
BTC broke through the consolidation area and resistance around 104,800 – 105,000, then sharply surged to 106,385.
Volume significantly increased, indicating a valid breakout and not a fakeout.
✅ 2. Swing Trading Entry Strategy
📍 Buy Entry:
Wait for a pullback to the new support area at 105,400 – 105,800 (previous resistance that is now support).
Ensure a bullish rebound candle (such as doji/bullish engulfing) in this area before entering.
🛡️ Stop Loss:
Place SL below the previous strong support: < 104,800
🎯 Take Profit Target:
TP1: 106,800 (nearest high area)
TP2: 107,500 (swing extension)
Use trailing stop if the price continues to rise sharply.
✅ 3. Technical Confirmation
RSI(6): 96.6 = Overbought → do not enter at the peak, wait for a retrace.
Positive MACD & widening = very strong uptrend.
MA(7) crosses up MA(25) = Short-term Golden Cross.
✅ 4. Risk Management
Risk:Reward ratio minimum 1:2
Maximum risk per trade: 1-2% of total cap
