Current price: $62,974.7
24H High: $63,595
24H Low: $62,484
The chart is neutral-to-bearish in the immediate term. Price is sitting around the MA(99) at $63,006 and volume is currently low, so I would wait for confirmation rather than enter immediately.
🟢 LONG setup
Entry: $63,050–$63,150 after a strong 15M close above $63,050
TP1: $63,250
TP2: $63,450
TP3: $63,595
SL: $62,850
🔴 SHORT setup
If BTC gets rejected around $63,000–$63,100 and closes below $62,850:
Entry: $62,800–$62,850
TP1: $62,650
TP2: $62,500
TP3: $62,484
SL: $63,150
⭐ My preference
Don't chase at $62,975.
I would wait for either:
➡️ Break & hold above $63,050 → LONG
➡️ Break below $62,850 → SHORT
The current low volume makes a false breakout possible, so confirmation is important.
$BTC #BTC☀️
24H High: $63,595
24H Low: $62,484
The chart is neutral-to-bearish in the immediate term. Price is sitting around the MA(99) at $63,006 and volume is currently low, so I would wait for confirmation rather than enter immediately.
🟢 LONG setup
Entry: $63,050–$63,150 after a strong 15M close above $63,050
TP1: $63,250
TP2: $63,450
TP3: $63,595
SL: $62,850
🔴 SHORT setup
If BTC gets rejected around $63,000–$63,100 and closes below $62,850:
Entry: $62,800–$62,850
TP1: $62,650
TP2: $62,500
TP3: $62,484
SL: $63,150
⭐ My preference
Don't chase at $62,975.
I would wait for either:
➡️ Break & hold above $63,050 → LONG
➡️ Break below $62,850 → SHORT
The current low volume makes a false breakout possible, so confirmation is important.
$BTC #BTC☀️