#BTC 8/6

+ Weekly: Bearish — medium-term trend remains to the downside. The main target is the previous swing low around $59.1k. My target $BTC long term will be ~ $57k3 - $36k

+ H4 – D1: A relief rally is currently forming, supported by a triple bullish RSI divergence on H4. The rebound target is the overhead OB / Supply zone around $65.5k–$66k, where we will look for potential short opportunities if the setup confirms.

+ Short-term: Price is still maintaining a bullish market structure. As mentioned before, this is why I advised everyone to avoid FOMO shorts. This area can easily trigger short liquidations, especially for traders using high leverage.

👉Trading Plan:
Watch the supply zone above for potential short entries.
For a safer approach, wait for my update and CE (Confirmed Entry) before taking any short positions.

For now, if price pulls back into lower support zones, I will still consider long setups for quick scalp opportunities.

#BTC 10/6

The current scalping plan is playing out quite accurately.

+ At the moment, BTC is stuck around the $62k resistance area, which also aligns with my TP1 target based on Fibonacci measurements. If price manages to break above this level, the next target would be around $62.8k and higher. However, the current reaction still favors a retest of the H1 lows.

Trading Plan:

If BTC revisits the $60.9k – $60.3k area, I will look for Long setups on the M5–M15 timeframe and share them with the group. For now, there is nothing new to act on.

+We also have CPI news coming out tonight, so the market may continue to move sideways in this range before making a larger move following the news release.

👉For anyone already in Long positions that have reached TP1, make sure to protect your capital by moving your Stop Loss to Break Even (BE).