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RowlandSlater
BTCUSD (Summer Trades)
em
Crypto
Aug 06 at 05:10
Long Trade (Buy) Momentum Breakout Long Entry: Buy if BTCUSD closes above $118,000 on a 1H or 4H chart.Target 1: $120,000Target 2: $123,000Stop Loss: Below $116,000Reason: A confirmed move above $118,000 signals renewed bullish momentum. Upside targets align with major resistance and prior highs.Buy-the-Dip Long Entry: Buy near $112,000–$114,000 if you see a clear bullish reversal pattern (e.g., hammer, bullish engulfing) on the hourly chart.Target 1: $118,000Target 2: $120,000Stop Loss: Below $110,000Reason: This is a known institutional support region. Look for confirmation of buyers s...
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