#BTC — TP2 Closed by Indicator Signal

45
As anticipated, Bitcoin continued its upward movement, and our indicator precisely identified the optimal entry point for a long position. The signal was triggered around the $114,000 level, allowing for a timely entry and guided trade management toward the target levels.

The first target was reached within three days, and yesterday the second Take Profit (TP2) level was successfully closed. Throughout the entire trade, the indicator consistently outlined holding zones and partial profit-taking points, ensuring a systematic approach free from emotional decision-making.

The current price is approaching the TP3 area; however, divergence and convergence analysis indicate an increased likelihood of a correction. Despite the absence of a clear reversal impulse, the risk-to-reward ratio has already reached an optimal level, making profit-taking at the current range a justified decision.

The long position opened on the indicator’s signal delivered strong results once again, confirming that precise entries and algorithm-based trade management enable traders to fully capitalize on market movements.

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.