BTC/USDThe BTC/USD trade with an entry price of 116,579, stop-loss at 116,404, and exit price at 116,932 is a short-term buy trade setup aimed at capturing a modest upward movement in Bitcoin’s price. This trade targets a profit of approximately 353 points, with a controlled risk of about 175 points, giving a favorable risk-to-reward ratio of nearly 1:2.
The entry price of 116,579 is likely chosen after confirming bullish momentum through technical analysis. This could include a breakout above a short-term resistance level, a bounce from support, or confirmation from indicators such as RSI, MACD, or moving averages. Entering at this point suggests the trader expects continued upward movement toward the profit target.
The stop-loss at 116,404 is placed strategically below a recent support area. This ensures that if the market moves against the trade, losses are minimized and capital is preserved. In volatile assets like Bitcoin, having a tight but logical stop-loss is critical to avoid large drawdowns.
The exit price of 116,932 serves as the take-profit level. This target is likely aligned with a nearby resistance zone or calculated through chart patterns like Fibonacci extensions. Securing profits at this point helps prevent losses from sudden reversals.
Overall, this setup reflects disciplined trading with a well-defined entry, strict risk control, and a realistic profit goal—key elements for consistent success in BTC/USD trading.
