#BTC/USDT Bounce Incoming! Futures Trade Setup!

5 Sep

#Bitcoin : 10/10 So far! Bounce seems highly likely at this level.
RSI Bullish divergence in the hourly chart.
But of course, no one knows for certain in this kind of market!
Invalidation:- Daily close below $54018.18!

If you're looking for a swing Trade, $54890 to 56150 is a good range to accumulate long on spot!

Futures Setup Here:- There's a higher chance of this setup getting invalidated if we lose 55500 again so be careful to try to keep your entry as low as possible to keep your Stop Loss small.
Always use leverage below 5x!

Entry:-

$56150, (50% entry)
$55700, (20% Entry)
$54890 (30% Entry)

Targets:-

$57155
$57855
$58200
$59544

Stop Loss:- $53854

This is a risky trade so always do your research this is not financial advice.

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Thank you

PEACE