๐ Trading Strategy $BTC for Today
๐ฏ Main Scenario: Bearish/Correction
Basic Signal: Market in Fear Zone; Price Below Key EMA/MA; Plenty of Liquidity on the Sellers' Side.
๐ก 1) Trend Trading
Entry: On a pullback to the resistance level (e.g., $80 Kโ$82 K) wait for confirmation of reversal (candlestick formation, bounce from EMA/MA)
Leverage: Moderate, e.g., ร3โร5, as current volatility is high
Stop-Loss: Above the local resistance + small buffer (e.g., $83 K)
Take Profits:
First: $75 K
Second: $72 K
Third (Aggressive): $68 K
๐ This plan is based on current bearish dominance and the risk of continued decline.
๐ข 2) Support Trading
If the price consistently holds above a strong support level (around $75 K):
Entry: On confirmed reversal with volume
Leverage: Low, e.g., ร1.5โร2
Stop-Loss: Just below support, e.g., $73 K
Take Profit:
First: $79 Kโ$80 K
Second: $82 K
๐ Such a trade is less risky but requires confirmation because overall momentum is still weak.
โ ๏ธ Scalping $BTC in the current high-volatility market can be dangerous โ adhere to risk management.
๐ฏ Main Scenario: Bearish/Correction
Basic Signal: Market in Fear Zone; Price Below Key EMA/MA; Plenty of Liquidity on the Sellers' Side.
๐ก 1) Trend Trading
Entry: On a pullback to the resistance level (e.g., $80 Kโ$82 K) wait for confirmation of reversal (candlestick formation, bounce from EMA/MA)
Leverage: Moderate, e.g., ร3โร5, as current volatility is high
Stop-Loss: Above the local resistance + small buffer (e.g., $83 K)
Take Profits:
First: $75 K
Second: $72 K
Third (Aggressive): $68 K
๐ This plan is based on current bearish dominance and the risk of continued decline.
๐ข 2) Support Trading
If the price consistently holds above a strong support level (around $75 K):
Entry: On confirmed reversal with volume
Leverage: Low, e.g., ร1.5โร2
Stop-Loss: Just below support, e.g., $73 K
Take Profit:
First: $79 Kโ$80 K
Second: $82 K
๐ Such a trade is less risky but requires confirmation because overall momentum is still weak.
โ ๏ธ Scalping $BTC in the current high-volatility market can be dangerous โ adhere to risk management.