Trade Setup I'm Watching (Oct 1)
BTC/USDT 1H
CURRENT PRICE: $83,954
KEY LEVELS:
• Resistance: $85,649 (24H high)
• Support: $82,563 (recent structural low) / $83,087 (24H low)
• Moving Averages: MA7 $83,818 | MA25 $83,917 | MA99 $83,759
MARKET STRUCTURE ANALYSIS:
📌 PRICE SANDWICHED IN MAs
MA7, MA25, and MA99 are all clustered around $83,800-$83,900.
Market is deciding its next move.
📌 VOLUME PROFILE
Current VOL: 123 BTC.
MA5: 633 | MA10: 625.
Volume is below average. Low conviction = Wait for the breakout.
📌 RECENT PRICE ACTION
Rejected hard from $85,649.
Holding above $82,563 support for now.
Range-bound until a volume candle arrives.
SETUP:
LONG SETUP (On volume confirmation):
ENTRY: $84,100 - $84,200 (reclaim above MAs)
STOP LOSS: $83,000 (below 24H low)
TARGET 1: $85,600
TARGET 2: $86,500
RISK/REWARD: 1:2.1
SHORT SETUP (If rejection at resistance):
ENTRY: $84,800 - $85,000
STOP LOSS: $85,700
TARGET 1: $83,800
TARGET 2: $82,600
VOLUME CONFIRMATION:
• Volume spike above 633 BTC required at entry
• Low volume breakout = trap
• High volume rejection = reversal
MY BIAS:
Neutral. Range-bound between $82,500 and $85,600.
Waiting for volume to confirm direction.
First candle above 633 BTC will tell us where we go.
Click $BTC to see the live chart.
Follow for daily setups on $BTC.
Share this with one trader who needs it.
#BTC #TradeSetup #Binance #MarketStructure
BTC/USDT 1H
CURRENT PRICE: $83,954
KEY LEVELS:
• Resistance: $85,649 (24H high)
• Support: $82,563 (recent structural low) / $83,087 (24H low)
• Moving Averages: MA7 $83,818 | MA25 $83,917 | MA99 $83,759
MARKET STRUCTURE ANALYSIS:
📌 PRICE SANDWICHED IN MAs
MA7, MA25, and MA99 are all clustered around $83,800-$83,900.
Market is deciding its next move.
📌 VOLUME PROFILE
Current VOL: 123 BTC.
MA5: 633 | MA10: 625.
Volume is below average. Low conviction = Wait for the breakout.
📌 RECENT PRICE ACTION
Rejected hard from $85,649.
Holding above $82,563 support for now.
Range-bound until a volume candle arrives.
SETUP:
LONG SETUP (On volume confirmation):
ENTRY: $84,100 - $84,200 (reclaim above MAs)
STOP LOSS: $83,000 (below 24H low)
TARGET 1: $85,600
TARGET 2: $86,500
RISK/REWARD: 1:2.1
SHORT SETUP (If rejection at resistance):
ENTRY: $84,800 - $85,000
STOP LOSS: $85,700
TARGET 1: $83,800
TARGET 2: $82,600
VOLUME CONFIRMATION:
• Volume spike above 633 BTC required at entry
• Low volume breakout = trap
• High volume rejection = reversal
MY BIAS:
Neutral. Range-bound between $82,500 and $85,600.
Waiting for volume to confirm direction.
First candle above 633 BTC will tell us where we go.
Click $BTC to see the live chart.
Follow for daily setups on $BTC.
Share this with one trader who needs it.
#BTC #TradeSetup #Binance #MarketStructure
