Bold BTC/USD Long Entry: Key Support & Big Targets Ahead!

30 ธ.ค. 2024

Hey, traders! 🚀 Here's my long entry on BTC/USD on the 1-hour timeframe:

📊 Trade setup:
- Entry: $93,421.02
- Take Profit: $101,754.97
- Stop Loss: $85,195.40

I decided to enter here because the price is holding at a key support level, backed by oversold signals on the RSI and confirmations from the VIP indicator. The Stop Loss is strategically placed below the support to manage risk, while the Take Profit targets a strong resistance level for a solid risk-reward ratio.

What do you think? Would you take this trade? Let me know in the comments, and don’t forget to manage your risk wisely! 🔥📈

Disclaimer: This content is for informational and educational purposes only and does not constitute financial advice. Trading involves significant risk, and you should only trade with money you can afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. 🚨📊

2 ม.ค.

ปิดการเทรด ด้วยตนเอง

I decided to close the trade in profit at 97,077 to secure the positive outcome, before reaching the take profit.