$BTC BTC 15m Trade Setup: Riding the Momentum Toward 68K
Price just bounced off 65.6k support and is climbing back above the short moving averages. The 7-period MA is crossing over the 25 — so, short-term bullish momentum is kicking in. Price is aiming for the MA(99), right around that resistance zone at 67.3k to 67.6k. Also, volume popped on the bounce, which tells you buyers are stepping in.
Right now, this looks like a clear long scalp. Shorting here doesn’t make sense.
Best Trade Setup: LONG
Entry
Jump in between 67,000 and 67,100. If you’re already in, that’s fine — momentum’s rolling.
Stop Loss
66,250
Why? That’s below the MA cluster and the last higher low. If price drops back there, bulls lost the fight.
Take Profit
TP1: 67,900 — local resistance, could sweep liquidity.
TP2: 68,400 — that’s the last high where price got slapped down.
Risk Management (Competition Mode)
You’ve got $1,000 in the account. The goal: make money, don’t get wiped out.
Aggressive but smart sizing:
Risk 3% = $30
Stop distance is about $800.
So, position size: $30 / $800 = 0.037 BTC
Final position — anywhere between 0.035 and 0.04 BTC works.
If the trade goes south: you drop $30. If it hits targets: you bag $70 to $110.
That’s a solid 1:2.5 risk/reward — pretty strong for a scalp.
Why this setup works
You’re trading with momentum, not against it.
You’re waiting for structure to confirm before jumping in.
Stop’s tight, right below where things go wrong.
Multiple targets mean you can lock in profits early.
The top breakout trade if price breaks above 67.6k.
A clean short setup if this bounce falls apart.
Or a detailed intraday plan to squeeze the most out of your $1,000.