Entry Zone: Around $95,700
Stop Loss: $94,000 (Below key support area)
Target: $98,000 (Resistance zone)
Risk-Reward: ~3.07
🔹 Bullish Divergence confirmed on RSI 🔹
🔹 Potential breakout from the descending channel 🔻➡️🔼
🔹 EMA alignment showing strength, with the 20 EMA crossing above the 50 and 100 EMAs 🔵
💡 Breakout watch: If price breaks above $96,000, expect a strong move toward $98,000. Let’s wait for confirmation and manage risk!
#BTC #Bitcoin #Crypto #LongSetup #Trading #RSIDivergence
Stop Loss: $94,000 (Below key support area)
Target: $98,000 (Resistance zone)
Risk-Reward: ~3.07
🔹 Bullish Divergence confirmed on RSI 🔹
🔹 Potential breakout from the descending channel 🔻➡️🔼
🔹 EMA alignment showing strength, with the 20 EMA crossing above the 50 and 100 EMAs 🔵
💡 Breakout watch: If price breaks above $96,000, expect a strong move toward $98,000. Let’s wait for confirmation and manage risk!
#BTC #Bitcoin #Crypto #LongSetup #Trading #RSIDivergence
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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.
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.