BTC/USD: Waiting for the Dip Before the Blast Off!

BTC/USDLongSwing19h ago2 views

Trade Setup

Entry Price

66929.00

Stop Loss

63685.00

Take Profit

71795.00

Risk : Reward

1 : 1.50

RiskReward

Good morning, KoraFX family! Chijioke Bello here, hope we're all catching some good pips out there. My eyes are currently glued to BTC/USD, and even though it's already showing strength, I'm waiting for the perfect entry for a swing long.

The Chart Talk: Looking for a Sweet Spot


Right now, BTC is chilling around 67578, up over 1.4% in the last 24 hours – definitely a bullish vibe in the air. We've seen it push up, hitting a daily high of 68929.56. While it looks tempting to jump in, my style is to wait for confirmation or a good pullback. I'm eyeing an entry around 66929. Why there? It's just below the 67500 and 67550 support levels, which could offer a nice bounce zone if we get a slight dip.

Comments

Loading comments...