Playing the Short-Term Setups with Clear Risk/Reward
Is BTC going to rally or are we living the end of a cycle? Would love to read your opinion in comments :)
I’ve mentioned before how crucial the $107k level is in the bigger picture, and I still stand by it.
https://www.tradingview.com/chart/BTC.D/zkoCqnYQ-The-Bitcoin-cycle-is-over/
It’s a major support zone and losing it could open the door for deeper corrections, as stated in the previous idea.
But as traders, we don’t need to predict the future months ahead. What makes me smile is finding clear, short-term opportunities with solid margins.
Right now, price is testing a local resistance.
🚀 If we get a clean breakout, I’m looking to go long, aiming for about +5.5% upside with just 1.5% risk (stop loss). That’s the kind of asymmetric setup I love.
📉 On the flip side, if Bitcoin slips below $107k, instead of panicking, I’ll look for the fast and easy short trade.
The idea is to capture a quick 5% downside move with again a tight 1.5% stop loss, knowing that volatility and rebounds in these zones make hard to hold a long term bearish position.
👉 I’m not here to predict the “final direction” for the long term.
I like to focus on trading with safety, confidence, and wide profit margins in the short term. That’s where my consistency is built.
Is BTC going to rally or are we living the end of a cycle? Would love to read your opinion in comments :)
I’ve mentioned before how crucial the $107k level is in the bigger picture, and I still stand by it.
https://www.tradingview.com/chart/BTC.D/zkoCqnYQ-The-Bitcoin-cycle-is-over/
It’s a major support zone and losing it could open the door for deeper corrections, as stated in the previous idea.
But as traders, we don’t need to predict the future months ahead. What makes me smile is finding clear, short-term opportunities with solid margins.
Right now, price is testing a local resistance.
🚀 If we get a clean breakout, I’m looking to go long, aiming for about +5.5% upside with just 1.5% risk (stop loss). That’s the kind of asymmetric setup I love.
📉 On the flip side, if Bitcoin slips below $107k, instead of panicking, I’ll look for the fast and easy short trade.
The idea is to capture a quick 5% downside move with again a tight 1.5% stop loss, knowing that volatility and rebounds in these zones make hard to hold a long term bearish position.
👉 I’m not here to predict the “final direction” for the long term.
I like to focus on trading with safety, confidence, and wide profit margins in the short term. That’s where my consistency is built.
⚡ Trading is not about luck or patience. Is about skills and knowledge. ⚡
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
⚡ Trading is not about luck or patience. Is about skills and knowledge. ⚡
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
I share my ideas, returns and knowledge here:
📚 👉 topchartpatterns.substack.com/subscribe 👈📚
🤝 Business contact: info@topchartpatterns.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.