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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.