🇪🇺 [EU SESSION] SUMMARY:
• BTC moves sideways, compressing momentum and trading laterally during the European session; price is currently oscillating around the 84,696 USDT mark.
• Price is squeezed between the MA(7) support line at 84,623 USDT and the MA(25) resistance line at 84,846 USDT; the short-term structure remains in an accumulation phase.
• The H1 MACD is moving sideways below the 0 line (DIF: -122.34, DEA: -137.45) with weakening green bars, indicating the market is waiting for a breakout burst at the start of the U.S. session.
🇺🇸 [U.S. SESSION] BASIC STRATEGY:
🐻 SHORT scenario (Preferred when the bullish structure is capped):
• Trigger: Wait for an upswing to test the MA(25) resistance around 84,850 – 85,100 USDT and when a decisively rejecting candle appears OR Short if an H1 candle closes clearly breaking the trend support line of MA(99) at 84,350 USDT.
• Target (TP): 83,888 - 83,350 USDT.
• Stoploss (SL): Above 85,300 USDT.
🐂 LONG scenario (Trading the breakout impulse):
• Trigger: Open a Long position if price pulls back and sweeps liquidation into the MA(99) zone around 84,350 – 84,450 USDT and leaves a good wick OR when price strongly breaks out with an H1 close fully above 85,150 USDT.
• Target (TP): 85,600 - 86,400 USDT.
• Stoploss (SL): Below 84,100 USDT.
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis
• BTC moves sideways, compressing momentum and trading laterally during the European session; price is currently oscillating around the 84,696 USDT mark.
• Price is squeezed between the MA(7) support line at 84,623 USDT and the MA(25) resistance line at 84,846 USDT; the short-term structure remains in an accumulation phase.
• The H1 MACD is moving sideways below the 0 line (DIF: -122.34, DEA: -137.45) with weakening green bars, indicating the market is waiting for a breakout burst at the start of the U.S. session.
🇺🇸 [U.S. SESSION] BASIC STRATEGY:
🐻 SHORT scenario (Preferred when the bullish structure is capped):
• Trigger: Wait for an upswing to test the MA(25) resistance around 84,850 – 85,100 USDT and when a decisively rejecting candle appears OR Short if an H1 candle closes clearly breaking the trend support line of MA(99) at 84,350 USDT.
• Target (TP): 83,888 - 83,350 USDT.
• Stoploss (SL): Above 85,300 USDT.
🐂 LONG scenario (Trading the breakout impulse):
• Trigger: Open a Long position if price pulls back and sweeps liquidation into the MA(99) zone around 84,350 – 84,450 USDT and leaves a good wick OR when price strongly breaks out with an H1 close fully above 85,150 USDT.
• Target (TP): 85,600 - 86,400 USDT.
• Stoploss (SL): Below 84,100 USDT.
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis