📈 I just opened a long at #Bitcoin — I don't share signals, I share knowledge and technical analysis.
🔍 On the 1H chart, our projection of a drop from $117K to $115K was fulfilled, but we said we would not trade because there is a lot of FOMO.
Now, the price is at $115.5K, where it is bouncing off the support of the bullish channel that has been maintained since $108K.
📊 Key signals:
— RSI on 4H turned sharply upward
— On 1H, the price bounced off a bullish liquidity vacuum zone
— RSI on 1H with a strong upward slope, exiting the oversold zone
Everything indicates a possible technical discount in the market.
🎯 Strategy:
— Entry: $115.5K
— TP: $117K
— Limit buy order: $113K (previous breakout zone) to perform DCA and improve entry price.
— If it rejects that zone, I maintain position
— If it breaks strongly, I close the trade and protect capital
📌 FOMO is not a plan.
Discipline, structure, and analysis are.