📈 I just opened a long at $BTC — don't focus on the signal, focus on the analysis.
🔍 On the 4H chart, BTC is forming a bullish triangle with clear resistance at $116K and has maintained a solid upward channel since $100K.
Currently, the price is right at the support of the channel, which also coincides with a recent low.
📊 On the 1H, we observe a bearish candle with high volume, but it leaves a long wick upon touching support, signaling absorption of selling.
After retesting the area, the price leaves a bullish candle, reinforcing the rejection.
📌 I do not wait for the candle to close, as the rejection is strong and the RSI is in oversold territory, which adds probability to the setup.
🎯 Trade strategy:
— TP: $113,500 (first nearby resistance)
— SL: $108,500 (behind the wick with volume and upward channel)
📌 This is not intuition. It is structure, context, and management.
Study the analysis. Do not copy the entry.
