Bitcoin: Riding the Bullish Wave – My Intraday Plan

BTC/USDLongIntraday1w ago1 views

Trade Setup

Entry Price

69926.00

Stop Loss

66537.00

Take Profit

75009.00

Risk : Reward

1 : 1.50

RiskReward

Market Overview & Technicals


Alright KoraFX fam, checking in on BTC/USD today and it's looking pretty spicy! We're currently hanging around 70604, which is a solid move, up over 3.6% in the last 24 hours. Charts don't lie, and the trend is definitely bullish right now. We've seen it push through previous resistance and the daily high is up at 72016.08. I'm watching that 70650-70700 area closely as current minor resistance, but the overall strength is undeniable. Major support is sitting strong around 69191.92.

My Intraday Setup


Given this bullish momentum, I’m eyeing an intraday long. My plan is to get in around 69926, waiting for a slight pullback from the current price. It's all about

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