$BTC
- Long Trade Setup 🚀
Bitcoin has regained the 90,400 level with strong upward momentum, indicating a potential short-term continuation as buyers defend the breakout area 💪.
_Technical Fundamentals_:
- _Upward Momentum_: Recovery of the 90,400 level with strong momentum suggests potential continuation 📈.
- _Defending the Breakout Area_: Buyers are defending the breakout area, which boosts confidence in the upward trend 💼.
- _Upward Pressure_: Maintaining a level above the breakout area keeps upward pressure alive towards recent highs 🔄.
_Trading Setup_:
- _Entry Area_: 90,350 – 90,450 📍
- _Profit Taking Targets_:
- _Target 1_: 90,750 🚀
- _Target 2_: 90,900 📈
- _Target 3_: 91,200 💥
- _Stop Loss_: 90,200 ⚠️
_Trading Tips_:
- _Discipline_: Trades should be conducted with self-control and adherence to the setup 📝.
- _Risk Management_: A stop loss should be placed to protect capital ⚠️.
- _Holding Above Support_: Support should be maintained to enhance chances of success 🔮.
The currency shows upward potential with the possibility of a strong upward movement 🚀.