BTC/USDT Buy Setup (Support Entry at $88,000)
2025-02-04
Category: None

Revised BTC/USDT Buy Setup (Support Entry at $88,000)
Support Buy Setup (~$88,000 - $90,000 Zone)
🔹 Entry:

Buy near $88,000 - $90,000 (strong support + 38.2% Fibonacci level).
Wait for bullish confirmation, such as a wick rejection, bullish engulfing candle, or RSI divergence.
🎯 Targets:

Target 1: $99,000 - $100,000 (psychological level & recent resistance).
Target 2: $108,000 - $110,000 (major breakout zone).
Target 3: $123,000+ (extension rally).
📉 Stop-Loss:

Below $86,500 to protect against a deeper drop.
📌 Risk Management:

Risk/reward ratio: 1:3 or better.
Position sizing should account for volatility.
Additional Confirmation Factors:
✅ Watch BTC price reaction at  FWB:88K  for reversal signals.
✅ Look for higher lows on lower timeframes (4H/1H).
✅ If BTC breaks below  GETTEX:87K , wait for a re-entry lower.