#bitcoin $BTC
Scenario-Based Trading Plan (General Technical Example)
1. Bullish Setup (Only if price breaks out)
Trigger: Price closes a 4H candle above 87,900–88,000 resistance.
• Example Entry: 88,000 (breakout confirmation)
• Stop Loss: 86,800 (below breakout level)
• Take Profit Targets:
• TP1: 89,500
• TP2: 91,800
• TP3: 94,000 (MA99 retest)
Reason: A break above the existing range plus the local MA cluster suggests momentum shift from bearish to neutral/bullish. You’re trading a breakout, not the current range.
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2. Bearish Setup (If price rejects the resistance again)
Trigger: Price fails to break 87,900 and forms a 4H rejection wick or bearish candle.
• Example Entry: 87,600–87,700 (after confirmation candle)
• Stop Loss: 88,300 (above rejection level)
• Take Profit Targets:
• TP1: 86,500
• TP2: 86,100 (support)
• TP3: 84,800 (if support breaks)
Reason: The chart shows repeated failure to reclaim 87,900. Trend and MAs remain bearish, so fading resistance fits the dominant direction.
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3. Range Trade (Neutral Setup)
If price keeps moving inside the current box:
Entry: 86,200–86,500 (support bounce)
Stop Loss: 85,800
Take Profit: 87,700–87,900
Reason: Price has respected this range for several candles; buying the bottom and exiting before resistance is classic range trading.
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Summary of What the Chart Suggests
• Trend pressure is still down, as indicated by the MA alignment.
• Price is ranging, not trending strongly.
• A decisive move only occurs if BTC closes above 88k or breaks below 86k.
• High timeframe (4H) still favors caution on long positions until a clear breakout forms.
