I took my last take profit at 98.799. Closing this trade around target 3.
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EL-SHADDAI
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BTC Spot Opportunity! 🚀
Here’s a spot swing trade setup for BTC that I’m eyeing:
Entry Range: • First entry: $93,000 • Second entry/DCA: $85,000
DCA Strategy: • Allocate 1% of your portfolio at the first entry. • Allocate 2% at the second/DCA level.
Targets: • $95,000 • $97,000 • $99,000 • $108,000
Why This Trade Makes Sense
BTC is approaching major support levels on higher timeframes. RSI is reset and forming both bullish and hidden bullish divergence across multiple timeframes—a strong signal for an upcoming bounce.
The $85,000–$93,000 range represents a bullish retest. I’ve included a deeper DCA level at $85,000 for any potential downside wicks. While I don’t expect us to drop that far, having those orders in place ensures you’re prepared for any surprises.
Why DCA?
This approach reduces risk and ensures you’re not overexposed. Entering with 1% at $93K gives you initial exposure, while the 2% allocation at $85K ensures a stronger position if we see a deeper pullback.
Manage Risk, Don’t Be a Hero
With the volatility we’ve seen lately, smart risk management is key. Stick to the plan, avoid overexposure, and let the setup work for you.
Stop Loss: I’ll update this trade in real-time. Stay tuned.
You can copy my trades directly here by following my lead copy trading account. Click here to copy my trades and 🚀💰. Let’s trade smart!$BTC
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