The Trade I’m Watching Today!

Bitcoin Morning Update – Tuesday

Congratulations if you managed to catch both the long and short setups from yesterday! I say “magically” because, truthfully, we didn’t get the best confirmation from market structure—so I won’t pretend we did. However, if you were eyeing indicator-based entries or a divergence-based model, you may have been able to snatch both trades. Our key areas were respected beautifully.

Today's Outlook
Keeping it simple:
✅ Looking for a pronounced 5m bullish break with retracement for a long up to $84.6K.
✅ Notable resistance at $83.7K—watch for reactions there.
✅ If we reclaim $84.6K with a candle body close, then we’re likely headed for the target above and eventually the range high.

Other Trades in Play
🔹 I’m also watching for range deviation plays at the extremes—I’d like to see a 10m+ change in market structure for confirmation.
🔹 A 5M break would confirm the SFP at 82K, making the $84K high a weak target.
🔹 Will I look for demand chain involvement on the way up? Absolutely!

Bearish Perspective
🔻 Most of our volume has traded in the premium region, so a move to marinate the discount region is possible.
🔻 If that happens, I’ll be looking for bearish retracement involvement.

Trading Laws to Follow (For Beginners - 1-3 Years of Experience)
📌 Position size appropriately
📌 Set your predetermined SL and TP
📌 De-risk as soon as reasonably possible

Follow these rules, and you won’t just preserve capital—you’ll grow your equity curve sustainably.