I think BTC will eventually hit 45k before going down. For more confidence we need to wait for this stable coin to establish above developing quarter VWAP (~43273). Once we see BTC close above that level and preferably stay there for at least couple of 4H candles it will be good to long it.

So far with 1 hour 45 minutes till close its not a valid trade. It can close below and go down all the way to dev Q VAL around 41240 (and lower to my target around 40600).

So I’m sharing this setup calculation for the case where I miss the confirmation (being asleep or whatever).

🛒 Taking BTC Long under 43273

💩 SL on 4H close below 42760 (risk 1.19% – invest 42.1% per 0.5% capital risk)

Risk Reward levels:
R1 – 43787 (SL to BE)
R2 – 44302
R3 – 44817
R4 – 45332

Targets:
🎯 +/- 45000
🎯 +/- 46500
🎯 Open targets

@CryptobullTrades #BTC #trade