BTCUSDT
Löpande
84,008.4
-0.22%
BTCUSDT 4H LONG Setup
Current Price: ~88,750 USDT
Timeframe: 4H
Bias: Oversold bounce expected
Why Long?
BTC is in a short-term downtrend, but RSI (6) is around 26, which indicates a deep oversold condition. Selling pressure is weakening and a relief bounce is likely if key support holds.
LONG Entry Plan
Entry Zone: 87,200 – 87,500
Stop Loss: 86,400
Take Profit Levels:
TP1: 89,500
TP2: 90,400
When to Enter
Enter long only if price holds above 87,200 and shows a clear rejection (long lower wicks / strong close)