BTC/USDT – 30-Min Long Trade Setup !
📌 🚀
🔹 Asset: BTC/USDT (Bitcoin)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Reversal Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $86,204 (Support Bounce Confirmation)
✅ Stop-Loss (SL): Below $83,954 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $89,594 (First Resistance Level)
📌 TP2: $93,531 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $86,204 - $83,954 = $2,250 risk per BTC
📈 Reward to TP1: $89,594 - $86,204 = $3,390 (1:1.5 R/R)
📈 Reward to TP2: $93,531 - $86,204 = $7,327 (1:3.2 R/R)
🔍 Technical Analysis & Strategy
📌 Descending Wedge Breakout: Price has formed a descending wedge, a bullish reversal pattern indicating a possible uptrend.
📌 Support Rejection: The price tested $86,204 support and showed signs of reversal with a green candle.
📌 Volume Confirmation Needed: Ensure high buying volume when price holds above $86,204 to confirm bullish momentum.
📌 Momentum Shift Expected: If price remains above $86,204, it could push toward $89,594, and further to $93,531.
📊 Key Support & Resistance Levels
🟢 $83,954 – Stop-Loss / Support Level
🟡 $86,204 – Reversal Level / Long Entry
🔴 $89,594 – First Resistance / TP1
🔴 $93,531 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure high buying volume above $86,204 before entering.
📉 Trailing Stop Strategy: Move SL to entry ($86,204) after TP1 ($89,594) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $89,594, let the rest run toward $93,531.
✔ Adjust Stop-Loss to Break-even ($86,204) after TP1 is reached.
⚠️ Fake Breakout Risk
❌ If the price fails to hold above $86,204 and drops back, exit early to avoid losses.
❌ Wait for a strong bullish candle close above $86,204 before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Bouncing from support at $86,204 suggests a potential reversal.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.5 to TP1, 1:3.2 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 #CryptoTrading #BTC #LongTrade #TechnicalAnalysis #MomentumCrypto #ProfittoPath #TradingView #CryptoMarket #SwingTrading #RiskManagement #ChartAnalysis 📈🔥
🔹 Asset: BTC/USDT (Bitcoin)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Bullish Reversal Trade
📌 Trade Plan (Long Position)
✅ Entry Zone: Above $86,204 (Support Bounce Confirmation)
✅ Stop-Loss (SL): Below $83,954 (Invalidation Level)
🎯 Take Profit Targets:
📌 TP1: $89,594 (First Resistance Level)
📌 TP2: $93,531 (Extended Bullish Move)
📊 Risk-Reward Ratio Calculation
📉 Risk (SL Distance): $86,204 - $83,954 = $2,250 risk per BTC
📈 Reward to TP1: $89,594 - $86,204 = $3,390 (1:1.5 R/R)
📈 Reward to TP2: $93,531 - $86,204 = $7,327 (1:3.2 R/R)
🔍 Technical Analysis & Strategy
📌 Descending Wedge Breakout: Price has formed a descending wedge, a bullish reversal pattern indicating a possible uptrend.
📌 Support Rejection: The price tested $86,204 support and showed signs of reversal with a green candle.
📌 Volume Confirmation Needed: Ensure high buying volume when price holds above $86,204 to confirm bullish momentum.
📌 Momentum Shift Expected: If price remains above $86,204, it could push toward $89,594, and further to $93,531.
📊 Key Support & Resistance Levels
🟢 $83,954 – Stop-Loss / Support Level
🟡 $86,204 – Reversal Level / Long Entry
🔴 $89,594 – First Resistance / TP1
🔴 $93,531 – Final Target / TP2
📉 Trade Execution & Risk Management
📊 Volume Confirmation: Ensure high buying volume above $86,204 before entering.
📉 Trailing Stop Strategy: Move SL to entry ($86,204) after TP1 ($89,594) is hit.
💰 Partial Profit Booking Strategy:
✔ Take 50% profits at $89,594, let the rest run toward $93,531.
✔ Adjust Stop-Loss to Break-even ($86,204) after TP1 is reached.
⚠️ Fake Breakout Risk
❌ If the price fails to hold above $86,204 and drops back, exit early to avoid losses.
❌ Wait for a strong bullish candle close above $86,204 before entering aggressively.
🚀 Final Thoughts
✔ Bullish Setup – Bouncing from support at $86,204 suggests a potential reversal.
✔ Momentum Shift Possible – Watch for volume confirmation.
✔ Favorable Risk-Reward Ratio – 1:1.5 to TP1, 1:3.2 to TP2.
💡 Stick to the plan, manage risk, and trade smart! 🚀📈
🔗 #CryptoTrading #BTC #LongTrade #TechnicalAnalysis #MomentumCrypto #ProfittoPath #TradingView #CryptoMarket #SwingTrading #RiskManagement #ChartAnalysis 📈🔥
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.
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.