Trade Idea: BTCUSD Long ( BUY LIMIT )1. Trade Direction: Long
• Trend Alignment:
• Daily: Strong uptrend resumption with higher highs, higher lows, and price reclaiming above key moving average. RSI > 70 indicates strong momentum.
• 15-Min: Bullish breakout from consolidation, steep EMA slope, MACD rising, momentum increasing.
• 3-Min: Intraday momentum continuation pattern. Clean bullish price structure.
• MACD (All Timeframes): Strong bullish crossover, rising histogram — confirming trend strength.
• RSI (All Timeframes): RSI not yet overextended on lower timeframes, suggesting room for more upside.
• Price Action: Recent breakout with healthy retracement structure and no major bearish divergence.
• Fundamentals (Contextual):
• BTC crossing $100K is a psychological milestone likely to invite more inflows.
• Macro environment remains supportive for digital assets (inflation hedge, fiat debasement narrative).
• Strong market sentiment and volume suggest continuation potential.
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2. Trade Setup
Entry:
• Entry Zone: $102,800
• Price is consolidating above previous resistance (~$102,000), now acting as support.
Stop Loss:
• SL: $101,200
• Below most recent intraday swing low and EMA on lower timeframes, giving it enough room.
Take Profit:
• TP: $106,800
• Near the next psychological level and extension target from recent measured moves.
FUSIONMARKETS:BTCUSD
