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$BTC /$USDT – High-Probability Long Signal

Confidence Level: 90% Setup 📈

Strategy: Multi-Confluence | Trend + Price Action + Volume + Fib

Timeframe: 4H + Daily

✅ Trade Setup:

Entry Zone: $60,300 – $61,500

Stop Loss: $58,400 (below key daily demand + recent low)

Take Profit Targets:

TP1: $64,800

TP2: $67,900

TP3: $72,500

Risk/Reward Ratio: ~3.6:1

Technical Breakdown:

Trend:

BTC remains in a macro uptrend. Recent retracement touched the Fib 61.8% retracement from the $56K–$72K swing, showing strong support.

Price Action:

Clean bullish engulfing candle on the 4H after a liquidity sweep below $59K.

Retest of broken resistance at $60.5K now acting as support.

Wick rejections and long lower shadows suggest buyer presence.

Indicators:

RSI: 46 and turning up on 4H, showing reversal from oversold territory.

MACD: Bullish crossover confirmed on both 4H and Daily.

Volume: Rising on bullish candles, declining on pullbacks (bullish volume profile).

EMA Confluence: Price holding above 200 EMA (Daily), 50 EMA just crossed above 100 EMA on 4H — classic continuation signal.

Fibonacci Confluence:

0.618 Retracement: $60,500

1.618 Extension aligns with $72,500 — final TP

Strategy Explanation:

This is a trend continuation + pullback confluence strategy.

It aligns:

Bullish market structure

Clean support/resistance flip

EMA alignment

Bullish momentum (MACD, RSI)

Fib retracement + extension levels

Volume behavior supporting upward move

Risk Management:

Risk per trade: Max 1.5–2% of capital

Move SL to break-even after TP1

Consider partial profit at TP2 to de-risk

Market Context:

With ETF inflows recovering and macro sentiment stabilizing, BTC is primed for a continuation toward ATH zone, especially if it holds $60K support. This pullback could be the last good entry before a move to $70K+.

Trade Monitoring:

This signal will be updated as price action unfolds.

Follow for live management, SL moves, and TP progress.

#BTC #Bitcoin #CryptoSignal #priceaction #BinanceSquare .