$BTC $Long Position:
It looks like we’re currently playing out the green scenario I shared in my earlier posts (you can check it from my profile under the red and green path chart).
If price manages to reclaim the 4H S/R demand zone and hold within the range I drew, then a new ATH (All-Time High) becomes increasingly likely.
As mentioned in my previous update, I’ve already entered a position.
My stop-loss level is shown in the tool on the chart.
However, if price violates the red dashed line labeled “45M Wick” on the 3H and 45M timeframes, and we see 1–2 candle closes below that level, I’ll close the position to avoid further losses.
Target levels:
First target: RH zone — around 120K
Second target: The Sell-side Liquidity zone marked with the red dashed line around 122K.
Where I plan to take more profit.
I’ll hold the remaining portion of the position in case we see a breakout into new ATH territory.
