🧭 The proposed action plan$BTC
Your plan should be based on risk management and your ability to tolerate volatility.
Proposed strategic actions
1/Entry (Buy)
*Capital allocation: It is preferable to buy in batches at strong support levels. Partial buying around $90,000 and the larger batch when testing $88,000 or $86,500 with signs of a rebound.
2/Stop-Loss
Protection from sharp declines: Set the stop-loss below the critical support level, for example at $85,000, based on your trading volume.
3/Take Profit (Sell)
Nearby targets: If purchased from support areas, the profit-taking targets are at the following resistances: $95,000 then $99,000.
4/Wait and Confirm
If you are a conservative trader, wait until you see a clear daily candle close above the short moving averages (above $92,000) to confirm the return of buyers before entering.
Best regards to everyone
Your brother / Ahmad Ali Abdullah Saleh Al-Dhamri