🇪🇺 [EU SESSION] SUMMARY:
• BTC continues to be heavily dumped during the European session, breaking through the 82,000 USDT level to sweep down to the lowest 24h low at 81,773.43 USDT before pulling the wick slightly up to 82,143.99 USDT.
• The H1 bearish structure is extremely severe as candles keep clinging to the lower band and moving downward, staying entirely below the MA(7) line at 82,668.33 USDT along with the MA(25) and MA(99) cluster.
• The H1 MACD indicator maintains a deep slope below the 0 line (DIF: -404.32, DEA: -388.87). However, the red histogram bars show signs of slightly shortening, indicating that the panic sell pressure is temporarily pausing ahead of the US session.
🇺🇸 [US SESSION] BASIC STRATEGY:
🐻 SHORT SCENARIO (Priority according to the downtrend):
• Trigger: Wait for a technical rebound early in the session to re-test the short-term resistance zone of MA(7) around 82,500 – 82,700 USDT and a candle rejection appears with a clear rejection OR chase a SHORT if the H1 candle fully closes below and breaks the just-formed bottom level at 81,773 USDT.
• Target (TP): 81,200 – aiming toward the next strong psychological support zone at 80,500 USDT.
• Stoploss (SL): Above 83,100 USDT.
🐂 LONG SCENARIO (Catching a short-term rebound):
• Trigger: Since the chart is in an extremely oversold state, only open a small-volume LONG position if the early-session price action sweeps liquidation (Fakeout) through the 81,773 USDT level but immediately pulls back strongly, forming a decisive Pinbar candle on the H1 timeframe.
• Target (TP): 82,600 – 83,000 USDT.
• Stoploss (SL): Absolutely below 81,400 USDT.
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis
• BTC continues to be heavily dumped during the European session, breaking through the 82,000 USDT level to sweep down to the lowest 24h low at 81,773.43 USDT before pulling the wick slightly up to 82,143.99 USDT.
• The H1 bearish structure is extremely severe as candles keep clinging to the lower band and moving downward, staying entirely below the MA(7) line at 82,668.33 USDT along with the MA(25) and MA(99) cluster.
• The H1 MACD indicator maintains a deep slope below the 0 line (DIF: -404.32, DEA: -388.87). However, the red histogram bars show signs of slightly shortening, indicating that the panic sell pressure is temporarily pausing ahead of the US session.
🇺🇸 [US SESSION] BASIC STRATEGY:
🐻 SHORT SCENARIO (Priority according to the downtrend):
• Trigger: Wait for a technical rebound early in the session to re-test the short-term resistance zone of MA(7) around 82,500 – 82,700 USDT and a candle rejection appears with a clear rejection OR chase a SHORT if the H1 candle fully closes below and breaks the just-formed bottom level at 81,773 USDT.
• Target (TP): 81,200 – aiming toward the next strong psychological support zone at 80,500 USDT.
• Stoploss (SL): Above 83,100 USDT.
🐂 LONG SCENARIO (Catching a short-term rebound):
• Trigger: Since the chart is in an extremely oversold state, only open a small-volume LONG position if the early-session price action sweeps liquidation (Fakeout) through the 81,773 USDT level but immediately pulls back strongly, forming a decisive Pinbar candle on the H1 timeframe.
• Target (TP): 82,600 – 83,000 USDT.
• Stoploss (SL): Absolutely below 81,400 USDT.
#Bitcoin #BTCUSDT #CryptoTrading #TechnicalAnalysis