I saw momentum shifting after a red dot and overbought wave formation, aligning with resistance on the 1H chart. Shared this for feedback — how would you have managed this setup or improved the entry
Here’s my personal prediction for Bitcoin: If BTC finds support in the 104k–105k range, I expect a bullish reversal targeting 115k. The blue candles represent my forecasted path. Structure shows potential for a strong recovery if we hold current support. Break below 104k would invalidate this setup.
What’s your take — bullish bounce or more downside?
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Here is my custom BTC/USDT trade setup chart based on the current trend and Market Cipher strategy: • Entry: $107,000 • Take Profit 1: $110,000 • Take Profit 2: $114,500 • Final TP: $119,900 • Stop Loss: $104,000
I saw momentum shifting after a red dot and overbought wave formation, aligning with resistance on the 1H chart. Shared this for feedback — how would you have managed this setup or improved the entry