#BTC LONG strategy scenario:

Current Prices (Estimated):
* Bitcoin (BTC): Around $94,300
Strategy Name: "BIRJA Entry"
1. Long-Term Trend Confirmation:
* 50-Day Moving Average (Estimated): Let's say it's currently trading around $88,000.
* 200-Day Moving Average (Estimated): Let's say it's currently trading around $75,000.
* Current Status: $94,300 > $88,000 and $94,300 > $75,000. This indicates that the long-term uptrend is continuing.
2. Trendline Support:
* Let's say we draw an ascending trendline when we connect the lows formed in the last uptrend. Let's say this trendline is currently passing through the $92,000 levels.
* Current Status: Although the price is currently relatively far from the trendline, this level could be a potential support point in a possible pullback. We can expect to approach this level for entry.

3. Moving Average Crossover (For Short-Term Entry):

* 20-Day Moving Average (Estimated): Let's say it is currently trading around $93,000.

* Current Status: The price ($94,300) is currently above the 20-day moving average. If the price pulls back a bit and rises above the 20-day moving average again, this could be considered a short-term buy signal.

4. Volume Confirmation:

* We need to check if there is a significant increase in trading volume in the recent bullish candles (especially upward reactions from the trendline or moving average). High volume purchases support the bullish movement.
5. Momentum Indicators:

* RSI (For example, on the 4-Hour Chart): We can observe that the RSI has broken out from the oversold region (for example, below 30) or has risen above 50.

* MACD (For example, on the 4-Hour Chart): We can see that the MACD line has crossed the signal line upwards or the histogram has turned from negative to positive.
Potential Entry Scenarios Based on Current Price:

* Scenario 1 (Entry with Pullback Expectation): Wait for the price to pull back to the trendline around $92,000 and open a long position with an upward reaction and volume confirmation from this level. The stop-loss can be placed slightly below the trendline (for example, $91,500).
* Scenario 2 (Confirmed Entry on Short-Term MA): Open a long position if the price pulls back to the 20-day moving average (around $93,000), forms an upward candle from this level again, and there is an increase in volume. The stop-loss can be placed slightly below the 20-day MA (for example, $92,500).

Stop-Loss (Adjusted to Current Price):

* For Scenario 1: $91,500

* For Scenario 2: $92,500
Take-Profit (Potential Targets Adjusted to Current Price):

* First Target: Previous significant resistance level (for example, $96,000 or $98,000).

* Second Target: Psychological levels (for example, $100,000).

* Trend Following: Try to maximize profits by adjusting the stop-loss level upward as the price rises.
Important Reminders (In Context of Current Price):

* Although the current price (around $94,300) seems to support the long-term trend, short-term pullbacks are possible. Therefore, it is important to be patient and wait for the right confirmation signals for entry.

* The moving average and trend line levels I have indicated are purely examples. These levels may differ on real-time charts. You should carefully examine the current charts before making a trade.

* It is important to support your entry decision by checking the volume and momentum indicators on the current charts.

I hope this example adapted to current prices helped you understand the strategy better. Remember, this is just an example scenario and real market conditions may differ. Do not trade without doing your own analysis and applying risk management principles. Good luck!