Long Position on BTCUSDT with Single Take Profit
**Entry Point:**
- Enter long when the price crosses and retests the $92,000 level. This is a crucial support level that could act as a springboard for a potential breakout.
**Take Profit Level:**
- **TP1:** $98,915
**Stop Loss:**
- Place your stop loss just below the $91,200 level to protect your position in case the breakout fails.
**Timeframe:**
- This setup is based on a 4-hour (H4) timeframe, with potential retests happening around key times (18:00, 06:00, 12:00).
**Risk Management:**
- Ensure you adhere to proper risk management principles. Position size accordingly and be prepared for market volatility.
**Conclusion:**
- This could be a lucrative opportunity to capitalize on a potential breakout. Stay disciplined, follow the plan, and secure those profits!
**Reference:**
- Analysis based on MoonTradingForecast published on TradingView.com on Jan 13, 2025, at 22:27 UTC+1.
**Hashtags:**
#BTCUSDT #CryptoTrading #LongTrade #TradingView #MoonTradingForecast
---
Feel free to share your thoughts and results in the comments below! 🚀
- Enter long when the price crosses and retests the $92,000 level. This is a crucial support level that could act as a springboard for a potential breakout.
**Take Profit Level:**
- **TP1:** $98,915
**Stop Loss:**
- Place your stop loss just below the $91,200 level to protect your position in case the breakout fails.
**Timeframe:**
- This setup is based on a 4-hour (H4) timeframe, with potential retests happening around key times (18:00, 06:00, 12:00).
**Risk Management:**
- Ensure you adhere to proper risk management principles. Position size accordingly and be prepared for market volatility.
**Conclusion:**
- This could be a lucrative opportunity to capitalize on a potential breakout. Stay disciplined, follow the plan, and secure those profits!
**Reference:**
- Analysis based on MoonTradingForecast published on TradingView.com on Jan 13, 2025, at 22:27 UTC+1.
**Hashtags:**
#BTCUSDT #CryptoTrading #LongTrade #TradingView #MoonTradingForecast
---
Feel free to share your thoughts and results in the comments below! 🚀
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.