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$BTC Signal | 1H Bollinger Band middle line battle, buy after a pullback
$BTC 80103.5, 1H Bollinger Band tightens to 79500-80434, with EMA20 and EMA50 sticking together. The 4H MACD green bars are shrinking but still below the zero line, and bulls and bears are temporarily balanced. In the depth order book, buy pressure is 120, with thick buy orders placed below.
🎯Direction: Long
⚡Entry/Order: Place a long order at the current price or near 79574.7 on a pullback, within the range of 79574.7 - 80343.8
🛑Stop loss: 78936.8
🚀Target 1: 83157.8
🚀Target 2: 84564.9
🛡️Trade management: - Execute the strategy: after reaching Target 1, reduce position by 50% and move the stop loss to break-even. If the price drops back to the entry level, automatically exit to protect principal.
1H RSI 50, no divergence, but the buy-side depth support is clearly strong. If the 4H MACD forms a golden cross, momentum may accelerate. The current risk-reward ratio is 2.0, worth a bet. Check the live market 👇 $BTC
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