Building a BTC long position starting at $86.7k, planning to scale in on dips toward $85k. Keeping stop loss tight below $84k to manage downside risk.
Looking at a move toward $90-92k as the near-term target. If we can break and hold that resistance zone, could be setting up for something bigger. If we fail to reclaim those levels, might be sitting on the sidelines for a bit waiting for the next signal. Long bias for now, but ready to flip if the setup breaks. Let's see how this plays out. ✍️
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ReverseTrendSister
· 12-23 15:29
86.7k Build a Position on the dip? Really daring, this mental preparation must be very solid.
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Whale_Whisperer
· 12-23 15:25
86.7k Build a Position is still a bit aggressive; at this position, I am more of an observer. If it Long Wick Candle down to below 84, I will directly stop loss, which doesn't seem worth it.
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ShadowStaker
· 12-23 15:18
tight stops below 84k sound good on paper until they're not, seen this movie too many times
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GasFeeCry
· 12-23 15:03
86.7k layout long positions? Dude, you really have guts. If 85k really breaks, I'll admit defeat.
Building a BTC long position starting at $86.7k, planning to scale in on dips toward $85k. Keeping stop loss tight below $84k to manage downside risk.
Looking at a move toward $90-92k as the near-term target. If we can break and hold that resistance zone, could be setting up for something bigger. If we fail to reclaim those levels, might be sitting on the sidelines for a bit waiting for the next signal. Long bias for now, but ready to flip if the setup breaks. Let's see how this plays out. ✍️