Publier
CoinCrafter08
·
--
đ First Trade on Binance â Going Long on BTC in the $85,000â$88,000 Range đ
Stoploss - Below $80,000
Hey everyone! As promised, Iâm sharing my first trade as part of my daily insights. Iâm going long on Bitcoin (BTC) in the $85,000â$88,000 range, with a positive bias and a 3-month holding period. This is a swing trade, meaning Iâm looking to capture medium-term price movements based on my market analysis.
Rationaleđ
Macro Bullish Sentiment: The overall trend for Bitcoin is still positive, with strong institutional interest and continued adoption of blockchain technology. In addition, upcoming Bitcoin halving events and global economic uncertainty could provide further tailwinds for BTCâs price action.
Technical Setup: BTC has been consolidating in the $90,000â$105,000 range. The price action suggests itâs ready for a potential breakout, especially as it has been testing this zone multiple times and holding steady. Plus, key moving averages are aligning, indicating upward momentum.
Risk-Reward Ratio: With solid support levels beneath and potential for significant upside, this trade offers a favorable risk-reward profile for a 3-month swing trade.
My target is to hold through the 3-month horizon, where I expect BTC to test higher resistance levels. As always, I'll be monitoring closely for any signs of reversal or unexpected events.
A Key Trading Rule:
Remember, patience is key in this game. If we donât get the exact setup weâre waiting for, we donât rush into a trade. No FOMO, no hasty moves. Always wait for the right entry. The market will give us opportunities, and we need to stick to our plan and wait for the optimal setup.
Letâs keep learning and growing as a community! đ„ Stay tuned for more daily trade insights.
#CryptoTrading #SwingTrade #Bitcoin #BinanceCommunity #BTCLong #MarketAnalysis
Stoploss - Below $80,000
Hey everyone! As promised, Iâm sharing my first trade as part of my daily insights. Iâm going long on Bitcoin (BTC) in the $85,000â$88,000 range, with a positive bias and a 3-month holding period. This is a swing trade, meaning Iâm looking to capture medium-term price movements based on my market analysis.
Rationaleđ
Macro Bullish Sentiment: The overall trend for Bitcoin is still positive, with strong institutional interest and continued adoption of blockchain technology. In addition, upcoming Bitcoin halving events and global economic uncertainty could provide further tailwinds for BTCâs price action.
Technical Setup: BTC has been consolidating in the $90,000â$105,000 range. The price action suggests itâs ready for a potential breakout, especially as it has been testing this zone multiple times and holding steady. Plus, key moving averages are aligning, indicating upward momentum.
Risk-Reward Ratio: With solid support levels beneath and potential for significant upside, this trade offers a favorable risk-reward profile for a 3-month swing trade.
My target is to hold through the 3-month horizon, where I expect BTC to test higher resistance levels. As always, I'll be monitoring closely for any signs of reversal or unexpected events.
A Key Trading Rule:
Remember, patience is key in this game. If we donât get the exact setup weâre waiting for, we donât rush into a trade. No FOMO, no hasty moves. Always wait for the right entry. The market will give us opportunities, and we need to stick to our plan and wait for the optimal setup.
Letâs keep learning and growing as a community! đ„ Stay tuned for more daily trade insights.
#CryptoTrading #SwingTrade #Bitcoin #BinanceCommunity #BTCLong #MarketAnalysis
Avertissement : comprend des opinions de tiers. Il ne sâagit pas dâun conseil financier. Peut inclure du contenu sponsorisĂ©. Consultez les CG.
1
0
174
DĂ©couvrez les derniĂšres actus sur les cryptos
âĄïž Prenez part aux derniĂšres discussions sur les cryptos
đŹ Interagissez avec vos crĂ©ateurs prĂ©fĂ©rĂ©(e)s
đ Profitez du contenu qui vous intĂ©resse
Adresse e-mail/NÂș de tĂ©lĂ©phone